Immunis Closes $25 Million Series A-1 Financing Round
January 11 2025 - 10:00AM
Business Wire
Immunis, Inc., a clinical-stage biotech developing multi-active
biologics for age and disease-related immune dysregulation, has
closed a $25 million Series A-1 financing round to fund two Phase 2
clinical trials. Follow-on investments from all major existing
investors, notably, Remiges Ventures, Continuum Health Ventures and
BOLD Capital Partners were joined by new investments from LifeSpan
Vision Ventures and JLS Fund among others, including a leading
global insurance company.
Mitigating muscle loss and improving metabolic function as we
age are unmet medical needs. Following a successful Phase 1/2a
clinical trial demonstrating the safety, tolerability and
suggestive efficacy of IMM01-STEM in people with age-related muscle
atrophy, the FDA granted permission to proceed with a Phase 2
clinical trial testing the efficacy of IMM01-STEM in ameliorating
muscle loss and reversing metabolic dysfunction in sarcopenic,
overweight and obese elderly people.
“Our Phase 1/2a data in nine elderly patients showed our therapy
to be safe with no serious adverse events. Additionally, patients
experienced striking improvements in quality-of-life measures
related to physical function and pain as well as a clinically
relevant increase in gait speed,” says Mark Cabato, Chief Business
Officer of Immunis. “By running randomized, controlled studies in
elderly populations with degenerative disease and metabolic
dysfunction, we hope to demonstrate IMM01-STEM’s broad
applicability in multiple medical conditions.”
Preclinical studies of Immunis’ novel therapy in aged mouse
models of muscle disuse atrophy and metabolism were published in
two notable journals, GeroScience and Aging Cell. The multi-active
therapy was shown to reverse muscle atrophy, improve muscle
function, enhance metabolism and decrease body and liver fat.
Immunis is currently the leading biotech with the most advanced
stem cell-derived multi-active biologic in human clinical
trials.
“We are grateful for the support of our Board and investors for
our mission to maximize health and minimize disease through the
development of novel, stem cell-derived therapies,” adds
Cabato.
About Immunis Inc.
Immunis is a private biotechnology company developing a novel
immunomodulatory multi-active product for the various
manifestations of age and disease-related immune decline. The
investigational product line leverages Immunis’ leading-edge
capabilities in multi-active secretome technology to deliver a
product of all natural, all human immune modulators in their
natural relative physiological concentrations. For additional
information about Immunis’ Phase 1/2a clinical trial please visit:
https://immunisbiomedical.com/clinical-trials/
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