ImmunoMet Therapeutics, Inc. is a clinical stage biotech company focused on targeting cellular metabolism to develop novel anti-fibrotic and anti-tumor therapies. The company's lead molecule, IM156, is a protein complex 1 (PC1) inhibitor that targets the Oxidative Phosphorylation (OXPHOS) pathway in mitochondria, reducing aberrant cell growth in fibrosis and select cancer cells. Notably, IM156 has successfully completed Phase 1 with good tolerability. In the realm of fibrosis, ImmunoMet is currently conducting a Phase 1 study in healthy volunteers and plans to progress into a Phase 2 PoC study in IPF patients in 4Q2021. Established in 2015, ImmunoMet is a spin-off from HanAll Biopharma, a Korean midsized public company. Post-spin-off, the company has raised $31 MM. The most recent investment of $7.00M came from a Venture Round at 08 February 2021, with participation from Mirae Asset Venture Investment, NHN Investment, GNTech VC, and SL Investment. ImmunoMet Therapeutics operates within the Biopharma, Biotechnology, Health Care, and Pharmaceutical industries.
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