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Inmagene and HutchMed Start Global Trial of BTK Inhibitor

publication date: Aug 9, 2022

Inmagene Biopharma and HutchMed announced that the first person was dosed in a global Phase I trial of their partnered Bruton Tyrosine Kinase inhibitor. IMG-004 is a non-covalent, reversible, third-gen BTK inhibitor being developed to treat immunological diseases. In early 2021, Shanghai’s Inmagene in-licensed global rights to four novel pre-clinical HutchMed immunological candidates in a deal worth up to $920 million. Both companies are headquartered in Shanghai; Inmagene also has operations in San Diego. Founded in 2019, Inmagene has raised $140 million in three venture capital rounds. More details....

Stock Symbols: (NSDQ/AIM:​ HCM; HK:​ 13)

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