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0 0 0.00191756516991949 0.00191756516991949 0.00996997406851375 -0.014610345298212 -0.0377985532960283 -0.0362767844957008
Stock impact report

Immuron's IMM-124E shows encouraging action in mid-stage NASH study; shares ahead 81% [Seeking Alpha]

Immuron Limited - American Depositary Shares (IMRN) 
Company Research Source: Seeking Alpha
Immuron's IMM-124E shows encouraging action in mid-stage NASH study; shares ahead 81%Thinly traded nano cap Immuron Limited (IMRN+81.4%) is up on a 13x surge in volume, albeit on turnover of only 148K shares, on the heels of itsannouncement of positive results from aPhase 2 proof-of-concept clinical trialassessing IMM-124E in 133 NASH patients, a reversal of fortune for the company after it reported unsuccessful results in July.Top-line data showed treatment with IMM-124E (bovine colostrum) produced a statistically significant reduction in serum lipopolysaccharide (LPS) levels compared to placebo. LPS is associated with the progression of NASH. Specifically, 64.3% of patients in the treatment group experienced at least a 15% decrease in serum LPS versus 34.5% for placebo (p=0.018).36.4% of patients receiving the higher dose (1200 mg) of IMM-124E experienced at least a 30% drop in average serum ALT (enzyme biomarker for liver damage) compared to 13.6% for placebo (p value not reported) Show less Read more
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