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Imugene director Charles Walker purchases more shares in the company

The company's lead product is HER-Vaxx, a therapeutic cancer vaccine for the treatment of gastric cancer and breast cancer.

Imugene Ltd - Imugene director Charles Walker purchases more shares in the company
Walker now holds 28,350,710 direct and indirect shares

Imugene Limited (ASX:IMU) director Charles Walker has purchased 163,500 shares in the company for a consideration of 18 cents per share.

The indirect purchase by a director related entity brings Walker’s total securities to 28,350,710 (direct and indirect holdings).

Immuno-oncology treatments

Imugene is focused on developing immuno-oncology treatments CF33 and PD1-Vaxx in first-in-human studies as well as continued enrolment of its HER-Vaxx phase-2 study.

CF33 has been shown to efficiently shrink injected tumours and distant non-injected tumours in human triple-negative breast cancer, colon cancer, ovarian cancer xenograft models in mice without adverse effects.

The company’s PD1-Vaxx is a B-cell immunotherapy, peptide cancer vaccine designed to treat tumours such as lung cancer and will be trialled on patients in 2020.

HER-Vaxx is a therapeutic cancer vaccine for the treatment of gastric cancer and breast cancer with Phase 2 studies underway.

Quick facts: Imugene Ltd

Price: 0.036 AUD

ASX:IMU
Market: ASX
Market Cap: $159.33 m
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