Immunic Inc. (IMUX) Announces Proposed Common Share Offering

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Go back to Immunic Inc. (IMUX) Announces Proposed Common Share Offering

Immunic, Inc. Announces Proposed Public Offering of Common Stock

June 9, 2020 7:39 PM EDT

NEW YORK, June 9, 2020 /PRNewswire/ -- Immunic, Inc. (Nasdaq: IMUX), a clinical-stage biopharmaceutical company focused on developing best-in-class, oral therapies for the treatment of chronic inflammatory and autoimmune diseases, today announced it has commenced a public offering of shares of its common stock.

Immunic intends to use the proceeds from the offering to fund the ongoing clinical development of the Company's three small molecule products: IMU-838, IMU-935 and IMU-856, and for other general corporate purposes, including to investigate IMU-838, the Company's lead asset, as a potential oral treatment... More