I-Mab announces acceptance of givastomig data for presentation at the AACR-NCI-EORTC conference in Boston from October 22-26.
Quiver AI Summary
I-Mab, a U.S.-based biotech firm focused on precision immuno-oncology, announced the acceptance of an abstract detailing updated data from a Phase 1 study of its drug givastomig for the treatment of gastroesophageal carcinoma at the upcoming AACR-NCI-EORTC conference in Boston, scheduled for October 22-26, 2025. The monotherapy data from the fully enrolled Phase 1b study will be presented by Dr. Samuel J. Klempner, emphasizing its potential to combine with standard treatments for gastric cancer patients. Givastomig is designed to target Claudin 18.2-positive tumor cells and activate T cells within the tumor microenvironment, showing promising anti-tumor activity while minimizing typical toxicities associated with similar therapies. This drug is being developed in partnership with ABL Bio and is positioned as a leading candidate in I-Mab's portfolio for treating advanced gastric cancers.
Potential Positives
- Acceptance of an abstract for a short-talk at a prestigious cancer conference demonstrates credibility and recognition in the oncology field, enhancing the company's visibility.
- Presentation of updated data from the Phase 1 study of givastomig indicates progress in clinical development, which may attract interest from investors and collaborators.
- The ongoing development of givastomig for first-line treatment of gastric cancers highlights I-Mab's commitment to addressing significant unmet medical needs in cancer therapy.
- The potential for givastomig to minimize common toxicities seen with other 4-1BB agents suggests a competitive advantage in future therapeutic applications, bolstering I-Mab's position in the biotech market.
Potential Negatives
- The press release contains multiple forward-looking statements, which inherently carry risks and uncertainties that may negatively impact the company's credibility if the anticipated results do not materialize.
- The mention of reliance on third parties for drug development and manufacturing introduces potential vulnerabilities that could affect timelines and quality control, raising concerns about the company's operational stability.
- The focus on a still-experimental drug, givastomig, places significant pressure on the company's success in demonstrating its safety and efficacy, which if unmet, could hinder future funding and development opportunities.
FAQ
What is the AACR-NCI-EORTC conference?
The AACR-NCI-EORTC conference focuses on molecular targets and cancer therapeutics, bringing together researchers and industry leaders in oncology.
When will the conference take place?
The conference is scheduled for October 22-26, 2025, in Boston, Massachusetts.
What is givastomig?
Givastomig is a novel bispecific antibody targeting Claudin 18.2 for the treatment of advanced gastroesophageal carcinoma.
Who will present at the conference?
Dr. Samuel J. Klempner will present the updated data related to givastomig during a short talk at the conference.
What is the significance of the Phase 1 study data?
The Phase 1 study data supports the transition to a randomized Phase 2 study of givastomig in gastric cancers.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$IMAB Hedge Fund Activity
We have seen 15 institutional investors add shares of $IMAB stock to their portfolio, and 16 decrease their positions in their most recent quarter.
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$IMAB Analyst Ratings
Wall Street analysts have issued reports on $IMAB in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Leerink Partners issued a "Outperform" rating on 10/03/2025
- BTIG issued a "Buy" rating on 09/10/2025
- Needham issued a "Buy" rating on 09/08/2025
- HC Wainwright & Co. issued a "Buy" rating on 08/21/2025
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$IMAB Price Targets
Multiple analysts have issued price targets for $IMAB recently. We have seen 5 analysts offer price targets for $IMAB in the last 6 months, with a median target of $7.0.
Here are some recent targets:
- Daina Graybosch from Leerink Partners set a target price of $9.0 on 10/03/2025
- Justin Zelin from BTIG set a target price of $7.0 on 09/10/2025
- Gil Blum from Needham set a target price of $6.0 on 09/08/2025
- Andres Y. Maldonado from HC Wainwright & Co. set a target price of $7.0 on 08/21/2025
Full Release
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The AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics to be held October 22-26 in Boston, Massachusetts
ROCKVILLE, Md., Oct. 14, 2025 (GLOBE NEWSWIRE) -- I-Mab (NASDAQ:IMAB) (the Company), a U.S.-based, global biotech company, focused on the development of precision immuno-oncology agents for the treatment of cancer, today announced that an abstract related to updated data from the Phase 1 study of givastomig as a monotherapy in heavily pre-treated patients with gastroesophageal carcinoma (GEC) has been accepted as a “short-talk” at the AACR-NCI-EORTC conference which will be held October 22-26 in Boston, Massachusetts.
“As we follow patients in the fully enrolled givastomig Phase 1b dose expansion study and advance the program towards the initiation of a randomized Phase 2 study in gastric cancers, we appreciate the opportunity to present additional Phase 1 data demonstrating givastomig’s monotherapy activity and engage with the oncology community. These data support our Phase 2 strategy to combine givastomig with standard of care in first line GEC patients with a broad range of Claudin 18.2 expression levels,” said Phillip Dennis, MD, PhD, Chief Medical Officer of I-Mab .
AACR-NCI-EORTC Conference Information:
Title: Updated Safety, Efficacy and Biomarker Analysis from the Phase I Study of Givastomig, a Novel Claudin 18.2/4-1BB Bispecific Antibody, in Claudin 18.2 Positive Advanced Gastroesophageal Carcinoma (GEC)
Session: Concurrent Session 2: Bispecifics/T-cell Engagers
Speaker: Samuel J. Klempner, MD, Associate Professor of Medicine, Massachusetts General Hospital
Presentation Number: B016
Date and Time: Thursday, October 23, 6:20 – 6:35 PM ET
Location : Hynes Convention Center
About Givastomig
Givastomig (TJ033721 / ABL111) is a bispecific antibody targeting Claudin 18.2 (CLDN18.2)-positive tumor cells. It conditionally activates T cells through the 4-1BB signaling pathway in the tumor microenvironment where CLDN18.2 is expressed. Givastomig is being developed for first line (1L) metastatic gastric cancers, with further exploratory studies in other CLDN18.2-positive gastrointestinal tumors. In Phase 1 trials, givastomig has shown promising anti-tumor activity attributable to a potential synergistic effect of proximal interaction between CLDN18.2 on tumor cells and 4-1BB on T cells in the tumor microenvironment, while minimizing toxicities commonly seen with other 4-1BB agents.
Givastomig is being jointly developed through a global partnership with ABL Bio, in which I-Mab is the lead party and shares worldwide rights, excluding Greater China and South Korea, equally with ABL Bio.
About I-Mab
I-Mab (NASDAQ:IMAB) is a U.S.-based, global biotech company, focused on the development of precision immuno-oncology agents for the treatment of cancer. The Company’s differentiated pipeline is led by givastomig, a potential best-in-class, bispecific antibody (Claudin 18.2 x 4-1BB) designed to treat Claudin 18.2-positive gastric cancers. Givastomig conditionally activates T cells via the 4-1BB signaling pathway in the tumor microenvironment where Claudin 18.2 is expressed. Givastomig is being developed for first-line metastatic gastric cancers and other Claudin 18.2-positive gastrointestinal tumors. Additionally, I-Mab is collaborating with its partner, ABL Bio, for the development of ragistomig, a bispecific antibody integrating PD-L1 as a tumor engager and 4-1BB as a conditional T cell activator, in solid tumors.
For more information, please visit https://www.i-mabbiopharma.com and follow us on LinkedIn .
Forward Looking Statements
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will”, “expects”, “believes”, “designed to”, “anticipates”, “future”, “intends”, “plans”, “potential”, “estimates”, “confident”, and similar terms or the negative thereof. Statements that are not historical facts, including statements about I-Mab’s beliefs and expectations, are forward-looking statements. Forward-looking statements in this press release include, without limitation, statements regarding: the potential benefits of I-Mab’s drug candidates, including givastomig; anticipated clinical milestones and results, including the timing of initiating clinical studies and reporting data from clinical trials. Forward-looking statements involve inherent risks and uncertainties that may cause actual results to differ materially from those contained in these forward-looking statements, including but not limited to the following: I-Mab’s ability to demonstrate the safety and efficacy of its drug candidates; the clinical results for its drug candidates, which may or may not support further development or New Drug Application/Biologics License Application (NDA/BLA) approval; the content and timing of decisions made by the relevant regulatory authorities regarding regulatory approval of I-Mab’s drug candidates; I-Mab’s ability to achieve commercial success for its drug candidates, if approved; I-Mab’s ability to obtain and maintain protection of intellectual property for its technology and drugs; I-Mab’s reliance on third parties to conduct drug development, manufacturing and other services; I-Mab’s limited operating history and I-Mab’s ability to obtain additional funding for operations and to complete the development and commercialization of its drug candidates; and those risks more fully discussed in the “Risk Factors” section in I-Mab’s annual report on Form 20-F filed with the SEC on April 3, 2025 as well as the discussions of potential risks, uncertainties, and other important factors in I-Mab’s subsequent filings with the SEC. All forward-looking statements are based on information currently available to I-Mab. I-Mab undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by law.
I-Mab Investor & Media Contacts
PJ Kelleher
LifeSci Advisors
+1-617-430-7579
[email protected]
[email protected]