IMC CEO to participate in Maxim Healthcare Conference
Released
Released
Announcement PDF
Immuron CEO, Steven Lydeamore participation in Maxim
Virtual Healthcare Conference
Melbourne, Australia, October 16, 2024: Immuron Limited (ASX: IMC; NASDAQ: IMRN) is pleased to advise
our Chief Executive Officer, Steven Lydeamore will be participating in a fireside chat at the Maxim Virtual
Healthcare Conference on Wednesday 16th October 2024 (4.30pm U.S. Eastern time).
A copy of the presentation covering information being discussed is included below.
This release has been authorised by the directors of Immuron Limited.
COMPANY CONTACT:
Steven Lydeamore
Chief Executive Officer
steve@immuron.com
- - - END - - -
About Immuron
Immuron Limited (ASX: IMC, NASDAQ: IMRN), is an Australian biopharmaceutical company focused on developing and
commercializing orally delivered targeted polyclonal antibodies for the treatment of infectious diseases.
About Travelan®
Travelan® is an orally administered passive immunotherapy that prophylactically reduces the likelihood of contracting
travelers’ diarrhea, a digestive tract disorder that is commonly caused by pathogenic bacteria and the toxins they produce.
Travelan® is a highly purified tabletized preparation of hyper immune bovine antibodies and other factors, which when taken
with meals bind to diarrhea-causing bacteria and prevent colonization and the pathology associated with travelers’ diarrhea.
In Australia, Travelan® is a listed medicine on the Australian Register for Therapeutic Goods (AUST L 106709) and is indicated
to reduce the risk of Travelers’ Diarrhea, reduce the risk of minor gastro-intestinal disorders and is antimicrobial. In Canada,
Travelan® is a licensed natural health product (NPN 80046016) and is indicated to reduce the risk of Travelers’ Diarrhea. In the
U.S., Travelan® is sold as a dietary supplement for digestive tract protection.
Travelers’ diarrhea (TD)
TD is generally defined as the passage of ≥ 3 unformed stools per 24 hours plus at least one additional symptom (such as nausea,
vomiting, abdominal cramps, fever, blood/mucus in the stools, or fecal urgency) that develop while abroad or within 10 days of
returning from any resource-limited destinations (Leung et al., 2006). Diarrhea continues to be the most frequent health problem
among travelers to destinations in lower- and middle-income regions (Steffen, 2017). Deployed US military personnel, essentially
representing a long-term traveller population, are particularly affected given their population dynamics and the context in which
they seek care and treatment (Connor et al., 2012). Diarrhea is the leading infectious disease threat to the overall health and
preparedness of deployed US armed forces, with diarrheagenic E. coli, Campylobacter spp., and Shigella spp. among the most
commonly reported etiologies (Riddle et al., 2006).
Immuron Platform Technology
Immuron’s proprietary technology is based on polyclonal immunoglobulins (IgG) derived from engineered hyper-immune bovine
colostrum. Immuron has the capability of producing highly specific immunoglobulins to any enteric pathogen and our products
are orally active. Bovine IgG can withstand the acidic environment of the stomach and is resistant to proteolysis by the digestive
enzymes found in the Gastrointestinal (GI) tract. Bovine IgG also possesses this unique ability to remain active in the human GI
tract delivering its full benefits directly to the bacteria found there. The underlying nature of Immuron’s platform technology
enables the development of medicines across a large range of infectious diseases. The platform can be used to block viruses or
bacteria at mucosal surfaces such as the Gastrointestinal tract and neutralize the toxins they produce.
IMM-124E (Travelan®)
IMM-124E was developed using Immuron’s platform technology. IMM-124E is produced from the colostrum of birthing cattle
that have been immunised during pregnancy with a vaccine containing the outer antigens of multiple human derived ETEC. A total
of 13 ETEC strains are used in the vaccine to produce high levels of antibodies against selected surface antigens from the most
common strains of ETEC.
The resultant hyperimmune colostrum IMM-124E from ETEC vaccinated cows contains significant levels of polyclonal antibodies
specific for ETEC antigens LPS, CFA-I and Flagellin (Sears et al., 2017).
The antibodies produced in IMM-124E have been found to have a stronger binding and neutralizing activity (than the antibodies
of unvaccinated cattle) against a wide range of LPS antigens including both the variable O-polysaccharide region and the preserved
oligosaccharide core ‘R’ region of LPS from the 13 serotypes used in the ETEC vaccine.
IMM-124E is manufactured into a tablet form referred to as Travelan®.
IMM-529
Immuron is developing IMM-529 as an adjunctive therapy in combination with standard of care antibiotics for the prevention
and/or treatment of recurrent Clostridioides difficile infection (CDI). IMM-529 antibodies targeting Clostridioides difficile (C.
diff) may help to clear CDI infection and promote a quicker re-establishment of normal gut flora, providing an attractive oral
preventative for recurrent CDI.
Immuron is collaborating with Dr. Dena Lyras and her team at Monash University, Australia to develop vaccines to produce
bovine colostrum-derived antibodies. Dairy cows were immunised to generate hyperimmune bovine colostrum (HBC) that
contains antibodies targeting three essential C. diff virulence components. IMM-529 targets Toxin B (TcB), the spores and the
surface layer proteins of the vegetative cells.
This unique 3-target approach has yielded promising results in pre-clinical infection and relapse models, including (1) Prevention
of primary disease (80% P =0.0052); (2) Protection of disease recurrence (67%, P <0.01) and (3) Treatment of primary disease
(78.6%, P<0.0001; TcB HBC). Importantly IMM-529 antibodies cross-react with whole cell lysates of many different human
strains of C. diff including hypervirulent strains.
To our knowledge, IMM-529 is, to date, the only investigational drug that has shown therapeutic potential in all three phases of
the disease (Hutton et al., 2017).
References
Connor P, Porter CK, Swierczewski B and Riddle MS. Diarrhea during military deployment: current concepts and future directions. Curr Opin
Infect Dis. 25(5): 546-54; 2012.
Hutton, M.L., Cunningham, B.A., Mackin, K.E. et al. Bovine antibodies targeting primary and recurrent Clostridium difficile disease are a potent
antibiotic alternative. Sci Rep 7, 3665 (2017). https://doi.org/10.1038/s41598-017-03982-5
Leung AK, Robson WL, Davies HD. Travelers’ diarrhea. Adv Ther. Jul-Aug; 23(4): 519-27; 2006
Otto W, Najnigier B, Stelmasiak T and Robins-Browne RM. Randomized control trials using a tablet formulation of hyperimmune bovine
colostrum to prevent diarrhea caused by enterotoxigenic Escherichia coli in volunteers Scandinavian Journal of Gastroenterology 46: 862– 868;
2011.
Riddle MS, Sanders JW, Putnam SD, and Tribble DR. Incidence, etiology, and impact of diarrhea among long-term travelers’ (US military and
similar populations): A systematic review. American Journal of Tropical Medicine and Hygiene. 74(5): 891-900; 2006.
Sears KT, Tennant SM, Reymann MK, Simon R, Konstantopolos N, Blackwelder WC, Barry EM and Pasetti MF. Bioactive Immune Components of
Anti-Diarrheagenic Enterotoxigenic Escherichia coli Hyperimmune Bovine Colostrum products. Clinical and Vaccine Immunology. 24 (8) 1-14;
2017.
Steffen R. Epidemiology of travelers' diarrhea. J Travel Med. 24(suppl_1): S2-S5; 2017.
For more information visit: https://www.immuron.com.au/ and https://www.travelan.com
Subscribe for Immuron News: Here
FORWARD-LOOKING STATEMENTS:
This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, each as amended. Such statements include, but are not limited to, any statements relating to our growth strategy and product development
programs and any other statements that are not historical facts. Forward-looking statements are based on management’s current expectations and are subject
to risks and uncertainties that could negatively affect our business, operating results, financial condition, and stock value. Factors that could cause actual results
to differ materially from those currently anticipated include: risks relating to our growth strategy; our ability to obtain, perform under and maintain financing and
strategic agreements and relationships; risks relating to the results of research and development activities; risks relating to the timing of starting and completing
clinical trials; uncertainties relating to preclinical and clinical testing; our dependence on third-party suppliers; our ability to attract, integrate and retain key
personnel; the early stage of products under development; our need for substantial additional funds; government regulation; patent and intellectual property
matters; competition; as well as other risks described in our SEC filings. We expressly disclaim any obligation or undertaking to release publicly any updates or
revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions, or circumstances on
which any such statement is based, except as required by law.
NASDAQ: IMRN
ASX: IMC
Maxim Virtual
Healthcare
Conference
Steven Lydeamore
Chief Executive Officer
16 October 2024
SAFE HARBOR STATEMENT
C e r t a i n s t a t e m e nt s m a d e i n t h i s p re s e nt a t i o n a re fo r wa rd - l o o k i n g s t a t e m e nt s a n d a re
b a s e d o n I m m u ro n ’s c u r re nt ex p e c t a t i o n s , e s t i m a t e s a n d p ro j e c t i o n s . Wo rd s s u c h a s
“a nt i c i p a t e s ,” “ex p e c t s ,” “ i nt e n d s ,” “ p l a n s ,” “ b e l i e v e s ,” “s e e k s ,” “e s t i m at e s ,” “g u i d a n c e ”
a n d s i m i l a r ex p re s s i o n s a re i nt e n d e d t o i d e nt i f y fo r wa rd - l o ok i n g s t a t e m e nt s .
A l t h o u g h I m m u ro n b e l i e v e s t h e fo r wa rd - l o o k i n g s t a t e m e nt s a re b a s e d o n
re a s o n a b l e a s s u m p t i o n s , t h e y a re s u b j e c t t o c e r t a i n r i s k s a n d u n c e r t a i nt i e s ,
s o m e o f w h i c h a re b e y o n d I m m u ro n ’s co nt ro l , i n c l u d i n g t h o s e r i s k s o r
u n c e r t a i nt i e s i n h e re nt i n t h e p ro c e s s o f b o t h d e v e l o p i n g a n d co m m e rc i a l i z i n g
t e c h n o l o g y. A s a re s u l t , a c t u a l re s u l t s co u l d m a t e r i a l l y d i f fe r f ro m t h o s e
ex p re s s e d o r fo re ca st e d i n t h e fo r wa rd - l o o k i n g s t a t e m e nt s .
T h e fo r wa rd - l o ok i n g s t a t e m e nt s m a d e i n t h i s p re s e nt a t i o n re l a t e o n l y t o
e v e nt s a s o f t h e d a t e o n w h i c h t h e s t a t e m e nt s a re m a d e . I m m u ro n w i l l n o t
u n d e r t a ke a ny o b l i ga t i o n t o re l e a s e p u b l i c l y a ny re v i s i o n s o r u p d a t e s t o
t h e s e fo r wa rd- l o o k i n g s t a t e m e nt s t o re f l e c t e v e nt s , c i rc u m sta n c e s o r
u n a nt i c i p a t e d e v e nt s o c c u r r i n g a f t e r t h e d a t e o f t h i s p re s e nt a t i o n exc e p t a s
re q u i re d by l a w o r by a ny a p p ro p r i at e re g u l a t o r y a u t h o r i t y.
Y T D F Y 2 0 2 5 re s u l t s i n t h i s p re s e nt a t i o n a re s u b j e c t t o a u d i t re v i e w.
Executive summary
Immuron Ltd (NASDAQ:IMRN) (ASX:IMC) is a globally integrated biopharmaceutical company focused on
developing, and commercialising, oral immunotherapeutics for the treatment of gut mediated diseases
Company Overview
Financial Snapshot
Two commercially available oral immunotherapeutic products – Travelan® and Protectyn®
3 clinical programs: Travelan®(IMC: Phase 2 CHIM trial), Travelan®(USU: Phase 4 field study), IMM-529 (IMC: preparing IND,
Phase 2 trial)
Business Update
Travelan® (IMM-124E) Phase 2 CHIM trial topline results;
Pharmaron presentation at International Conference
Travelan® (IMM-124E) Travelan® Uniformed Services
University IMM-124E Phase 4 trial recruited ~85% of 866
CampETEC Phase 2 clinical trial topline results announced;
NMRC presentation at International Conference
Shares on Issue
229,145,429
Total Options
13,931,756
Last Traded Price
IMC: A$0.082
52 week High/Low
IMC: A$0.17/0.065
IMRN: $5.96/1.481
Market Cap
IMC: A$18.8m
Cash & Cash Equivalents (as at 30
June 2024)
A$11.7m
U.S. Department of Defense Research Award for NMRC and
WRAIR to develop an enhanced formulation of Travelan®
IMM-529 Immuron completes pre-IND meeting with FDA on
the development of IMM-529
Major Shareholders
Holder
% of CSO
Results & Outlook
BNY Mellon Asset Management
77,385,904
33.8 %
Sales 1 July 24 to 30 September 24 of A$1.5 million up 13% on prior quarter (unaudited)
Authentics Australia Pty. Ltd.
5,500,000
2.4 %
Grandlodge
3,846,712
1.7 %
Management & Board
3,101,153
1.4 %
North American Travelan® sales A$0.5 million up 48% on prior quarter (unaudited)
Evaluating options to enter international markets
Evaluating options to add to marketed products portfolio
as of 14 October 2024
3
Units
Status of product portfolio and key milestones
Travelan®
Clostridioides difficile
randomized clinical challenge study to
examine a dosing regimen for Travelan®
more suited to the military IMM-124E
(Travelan®) IND 29087
FDA approval Dec 22
Prevention of recurrent CDI infections
Vaccine (spores, vegetative cells, and
Toxin B)
600mg solid dose active formulation
developed
MTEC 21-10-013 grant Phase 2
Top-line data 7 March 2024
Clinical Study Report – October 2024
IMM-529
Pre-IND submission to FDA – 1 July 2024
IND, clinical protocol and trial
preparation in progress
Immuron’s Clinical Programs
Compound or
brand name
Indication
IMM-124E
Travelan®
Travelers’ Diarrhea
ETEC challenge
IMM-529
Clostridioides
difficile
Infection &
Recurrence
Collaborative studies
Travelan® P2TD
Field study Uniformed Services University
Phase 2 randomized clinical trial with Travelan® /Placebo to evaluate prophylactic effectiveness
during deployment or travel to a high TD risk region
Status ~85% of participants have been recruited (866 target)
Anticipated topline results – April 2025
CampETEC
NMRC Campylobacter and enterotoxigenic E. coli product
Manufactured by Immuron for NMRC
Top-line data reported 4 October 2024
5
Phase I
Phase II
Phase III
Market
Phase III
Market
Our Partners’ Clinical Programs
Compound or
brand name
Travelan®
Partner
Phase I
Phase II
Uniformed Services University
WORLD FIRST TRIPLE MECHANISM OF ACTION FOR CDI
IMM-529: pre-IND filed with FDA July 2024; successful pre-IND meeting
Indication / Target
Population
IMM-529 will be indicated for the treatment of recurrent C. difficile
infection
Product
Description /
Mechanism of
Action
• Novel antibody-containing therapeutic which neutralizes C. difficile
but does not impact the microbiome
• Targets not only toxin B but also spores and vegetative cells
responsible for recurrence
• Potential for use in combination with standard of care (e.g.
vancomycin, fidaxomicin)
• Targets many isolates
Dosage and ROA
• Oral administration, 3 x daily
• Trial to test safety 7-day treatment course on top of standard of care
(vancomycin, fidaxomicin)
Efficacy
1. Prevention of primary disease (80% P =0.0052)
2. Protection of disease recurrence (67%, P <0.01) and
3. Treatment of primary disease (78.6%, P<0.0001; TcB HBC).
Safety / Tolerability
• To be evaluated in Phase 2 study
• Equivalent or better than current standard of care
IMM-124E Phase 3 strategy
Pre
2H 2024
1H 2025
2H 2025
Post
Phase 1 clinical study
(Baltimore, 1996)
Additional topline data
analysis August 2024
Clinical Study Report
anticipated October 2024
Initiate Phase 3
Trial duration ~ 2 years
Phase 2 clinical study
(Poland, 2000)
FDA1 IND2 approval
End of Phase 2 FDA meeting
End of Phase 3 FDA meeting
BLA3 submission
FDA meeting – Phase 3
clinical protocol
(December 2022)
Phase 2 clinical study
(Baltimore, 2024)
+ The pivotal registration studies is anticipated to involve two
randomized, double-blind, parallel-group, placebo-controlled Phase 3
clinical studies (drug substance IMM-124E) to assess the efficacy and
safety of Travelan® for prevention of traveler’s diarrhea (TD)
+ Anticipated enrolment of approximately 1200 healthy adult subjects
(600 subjects in two studies) traveling to regions with high TD risk.
9
1. U.S. Food and Drug Administration; 2. Investigational New Drug; 3. Biologics License Application
+ Subjects anticipated to be randomized 1:1 to receive Travelan® or
placebo.
+ Dosing anticipated to begin 3 days prior to arrival in country and for at
least 14 days in country.
+ The primary endpoint requested will be traveler’s diarrhea.
Scientific references
Travelan® (IMM-124E)
Travelan® has been shown to reduce both the incidence and severity of ETECinduced diarrhea in up to 90% of volunteers
Scandinavian Journal of Gastroenterology, 46:7-8, 862-868, DOI: 10.3109/00365521.2011.574726
Clinical Evaluation of Travelan® an Oral Prophylactic for Prevention of Travelers’
Diarrhea in Active Duty Military Service Assigned Abroad.
Military Health System Research Symposium 14-17 Aug 2023_Abstract 1
Travelan as a broad Spectrum anti-bacterial
Immuron Limited, 29 April, 2011
Travelan® demonstrates broad reactivity to Vibrio cholera strains from Southeast
Asia indicating broad potential for prevention of traveler’s diarrhea
US Department of Defense, Armed Forces Research Institute of Medical Sciences (AFRIM), 4 September, 2019
Travelan® prevented clinical shigellosis (bacillary dysentery) in 75% of Travelan®
treated animals compared to placebo and demonstrated a significant clinical benefit
US Department of Defense, Armed Forces Research Institute of Medical Sciences (AFRIM), 5 September, 2018
Travelan® able to bind and was reactive to 60 clinical isolates of each bacteria,
Campylobacter, ETEC, and Shigella
US Department of Defense, Armed Forces Research Institute of Medical Sciences (AFRIM), 30 January, 2017
Bioactivity and efficacy of a hyperimmune bovine colostrum product- Travelan,
against shigellosis in a non-Human primate model (Macaca mulatta)
Islam D, Ruamsap N, Imerbsin R, Khanijou P, Gonwong S, Wegner MD, et al. (2023) Bioactivity and efficacy of a hyperimmune bovine
colostrum product- Travelan, against shigellosis in a non-Human primate model (Macaca mulatta). PLoS ONE 18(12): e0294021.
Bioactive Immune Components of Travelan®
Clin Vaccine Immunol 24:e00186-16. https://doi.org/10.1128/CVI.00186-16
Hyperimmune bovine colostrum containing lipopolysaccharide antibodies (IMM124E) has a non-detrimental effect on gut microbial communities in unchallenged
mice
Infect Immun. 2023 Nov; 91(11): e00097-23.
Administration of the Hyper-immune Bovine Colostrum Extract IMM-124E
Ameliorates Experimental Murine Colitis
Journal of Crohn's and Colitis, Volume 13, Issue 6, June 2019, Pages 785–797, https://doi.org/10.1093/ecco-jcc/jjy213
IMM-529
Bovine antibodies targeting primary and recurrent Clostridium difficile disease are a
potent antibiotic alternative
10
Sci Rep 7, 3665 (2017). https://doi.org/10.1038/s41598-017-03982-5
STEVEN LYDEAMORE
CHIEF EXECUTIVE OFFICER
IMMURON LIMITED
CONTACT INFORMATION:
EMAIL: STEVE@IMMURON.COM
PHONE: AUSTRALIA: +61 438 027 172
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