FDA lifts hold on Immunome's IMM-BCP-01 IND application
The US Food and Drug Administration has lifted the clinical hold on Immunome’s (Nasdaq: IMNM) Investigational New Drug (IND) application for its antibody cocktail (IMM-BCP-01) for the treatment of SARS-CoV-2 (COVID-19).
Despite the positive news, the company’s shares closed down almost 8% at 43.93 on Friday.
Immunome previously announced that the FDA had placed the company’s IND application on clinical hold due to a request for further information related to the preparation and administration of IMM-BCP-01 at clinical sites. In response, Immunome provided the FDA with a comprehensive report detailing the necessary information.
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