Imunon, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024
August 14, 2024 at 08:00 am EDT
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Imunon, Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported net loss was USD 4.79 million compared to USD 5.56 million a year ago. Net loss was USD 4.79 million compared to USD 5.56 million a year ago. Net loss was USD 4.79 million compared to USD 5.56 million a year ago. Net loss was USD 4.79 million compared to USD 5.56 million a year ago. Basic loss per share from continuing operations was USD 0.51 compared to USD 0.61 a year ago. Basic loss per share from continuing operations was USD 0.51 compared to USD 0.61 a year ago. Basic loss per share from continuing operations was USD 0.51 compared to USD 0.61 a year ago. Basic loss per share from continuing operations was USD 0.51 compared to USD 0.61 a year ago.
For the six months, net loss was USD 9.72 million compared to USD 11.15 million a year ago. Net loss was USD 9.72 million compared to USD 11.15 million a year ago. Net loss was USD 9.72 million compared to USD 11.15 million a year ago. Net loss was USD 9.72 million compared to USD 11.15 million a year ago. Basic loss per share from continuing operations was USD 1.03 compared to USD 1.28 a year ago. Basic loss per share from continuing operations was USD 1.03 compared to USD 1.28 a year ago. Basic loss per share from continuing operations was USD 1.03 compared to USD 1.28 a year ago. Basic loss per share from continuing operations was USD 1.03 compared to USD 1.28 a year ago.
Imunon, Inc. is a clinical-stage biotechnology company. The Company is focused on advancing a portfolio of treatments that harness the bodyâs natural mechanisms across an array of human diseases. The Company is developing non-viral Deoxyribonucleic acid (DNA) technology across four modalities. The first modality, TheraPlas, is developed for the coding of proteins and cytokines in the treatment of solid tumors. The second modality, PlaCCine, is developed for the coding of viral antigens that can elicit a strong immunological response. The third modality, FixPlas, concerns the application of Imunonâs DNA technology to produce universal cancer vaccines, also called tumor associated antigen cancer vaccines. The fourth modality, IndiPlas, is in the discovery phase and is focused on the development of personalized cancer vaccines, or neoepitope cancer vaccines. Its lead clinical program, IMNN-001, is a DNA-based immunotherapy for the localized treatment of advanced ovarian cancer.