New Clinical Study with AstraZeneca
AIM ImmunoTech announced plans to conduct a new clinical study evaluating Ampligen in combination with AstraZeneca's intranasal influenza vaccine, FluMist, for influenza, including avian flu.
Leadership Expansion
The company strengthened its leadership with the addition of two Board members, Ted Kellner and David Chemerow, bringing extensive investment and financial expertise.
Approval for Phase 2 Pancreatic Cancer Trial
Continuation into the Phase 2 portion of the DURIPANC pancreatic cancer trial has been approved, with dosing commenced, marking a key advancement in this program.
Publication and Patent Advancements
A new U.S. patent was granted for the treatment of endometriosis, and a Netherlands patent for post-COVID fatigue. Also, new data was published from a study in early-stage triple negative breast cancer.
R&D Cost Reduction
Research and development expenses decreased from $10.9 million in 2023 to $6.2 million in 2024, indicating more efficient use of resources.
G&A Expenses Reduction
General and administrative expenses decreased from $21.1 million in 2023 to $13.7 million in 2024, reflecting improved operational efficiency.