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1. Company Snapshot

1.a. Company Description

Immunome, Inc., a biopharmaceutical company, discovers and develops antibody therapeutics for oncology and infectious disease.The company's lead oncology program includes IMM-ONC-01, which targets IL-38 tumor-derived immune checkpoint capable of promoting evasion of the immune system.It also develops IMM-BCP-01, an antibody cocktail product candidate for the treatment of SARS-CoV-2 infections and COVID-19.


The company was incorporated in 2006 and is headquartered in Exton, Pennsylvania.

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1.b. Last Insights on IMNM

Immunome's recent performance has been driven by a substantial revenue surge, with Q2 revenue jumping 382%. The company's lead asset, varegacestat, shows promising efficacy in desmoid tumors, with phase 3 topline data expected by the end of 2025. Additionally, Immunome holds Orphan Drug designations in the US and Europe, potentially enabling accelerated approval. The company's strong cash reserves of $143.9M and marketable securities of $124.2M provide a runway into 2027. Zacks upgraded Immunome to a Buy rating, citing growing optimism about earnings prospects.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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Insider Buying: Immunome (NASDAQ:IMNM) CEO Purchases $100,018.35 in Stock

Jan -02

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Isaac Barchas Sells 383,200 Shares of Immunome (NASDAQ:IMNM) Stock

Dec -25

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Immunome (NASDAQ:IMNM) CEO Clay Siegall Buys 7,278 Shares of Stock

Dec -23

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Immunome: Maintaining "Strong Buy" On Successful RINGSIDE Trial With Varegacestat

Dec -17

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Immunome Target of Unusually Large Options Trading (NASDAQ:IMNM)

Dec -16

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Why Immunome Stock Surged Today

Dec -15

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Why Immunome, A Top 3% Stock, Just Rocketed On Its Rivalry With Merck KGaA

Dec -15

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Immunome's experimental drug meets main goal in late-stage study

Dec -15

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (10.55%)

6. Segments

Biotechnology

Expected Growth: 10.55%

Immunome, Inc.'s 10.55% growth in Biotechnology is driven by increasing demand for targeted therapies, advancements in gene editing technologies, and a strong pipeline of novel immunotherapies. Additionally, strategic partnerships and collaborations are fueling innovation and expanding market reach, contributing to the company's rapid growth.

7. Detailed Products

IMM-101

IMM-101 is a therapeutic antibody cocktail designed to treat COVID-19. It is a combination of three antibodies that target the SARS-CoV-2 virus.

IMM-201

IMM-201 is a therapeutic antibody cocktail designed to treat cancer. It targets specific tumor-associated antigens and activates the immune system to fight cancer cells.

IMM-301

IMM-301 is a diagnostic platform that uses proprietary antibody-based technology to detect and diagnose infectious diseases, including COVID-19.

8. Immunome, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

Immunome, Inc. has a moderate threat of substitutes due to the presence of alternative treatments and therapies for cancer and infectious diseases.

Bargaining Power Of Customers

Immunome, Inc. has a low bargaining power of customers due to the specialized nature of its products and services, which limits the ability of customers to negotiate prices.

Bargaining Power Of Suppliers

Immunome, Inc. has a moderate bargaining power of suppliers due to the availability of multiple suppliers for raw materials and services, but the company's dependence on a few key suppliers for critical components.

Threat Of New Entrants

Immunome, Inc. has a high threat of new entrants due to the attractiveness of the biotechnology industry and the potential for new companies to enter the market with innovative products and services.

Intensity Of Rivalry

Immunome, Inc. operates in a highly competitive industry with many established players, leading to a high intensity of rivalry among companies.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 1.36%
Debt Cost 3.95%
Equity Weight 98.64%
Equity Cost 13.35%
WACC 13.22%
Leverage 1.38%

11. Quality Control: Immunome, Inc. passed 5 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Protagonist Therapeutics

A-Score: 4.9/10

Value: 0.2

Growth: 9.4

Quality: 7.9

Yield: 0.0

Momentum: 9.5

Volatility: 2.3

1-Year Total Return ->

Stock-Card
Praxis Precision Medicines

A-Score: 4.7/10

Value: 6.0

Growth: 7.9

Quality: 4.7

Yield: 0.0

Momentum: 9.5

Volatility: 0.0

1-Year Total Return ->

Stock-Card
Ocular Therapeutix

A-Score: 4.3/10

Value: 6.2

Growth: 5.0

Quality: 4.4

Yield: 0.0

Momentum: 8.5

Volatility: 2.0

1-Year Total Return ->

Stock-Card
Immunome

A-Score: 4.3/10

Value: 6.2

Growth: 5.2

Quality: 4.7

Yield: 0.0

Momentum: 8.5

Volatility: 1.3

1-Year Total Return ->

Stock-Card
Poseida Therapeutics

A-Score: 4.1/10

Value: 4.5

Growth: 4.8

Quality: 4.7

Yield: 0.0

Momentum: 7.0

Volatility: 3.3

1-Year Total Return ->

Stock-Card
G1 Therapeutics

A-Score: 3.9/10

Value: 6.4

Growth: 6.6

Quality: 3.9

Yield: 0.0

Momentum: 6.0

Volatility: 0.3

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

26.58$

Current Price

26.59$

Potential

-0.00%

Expected Cash-Flows