Imagene Appoints New Chief Medical Officer to Drive Clinical Development
- New Chief Medical Officer: ImageneBio has appointed Dr. Ben Porter-Brown as Chief Medical Officer, who brings over 20 years of clinical development experience in autoimmune and inflammatory diseases, focusing on executing the Phase 2b ADAPTIVE trial to enhance the company's expertise in this area.
- International Trial Expansion: Dr. Porter-Brown plans to expand the Phase 2b trial footprint with international sites in the UK and Europe, which will not only aid in patient recruitment but also enhance Imagene's competitiveness in the global market.
- Innovative Treatment Potential: Imagene's IMG-007 is a monoclonal antibody targeting OX40 with unique product features, expected to provide new treatment options for patients with moderate-to-severe atopic dermatitis, filling a market gap and driving future growth for the company.
- Equity Incentive Plan: As an inducement for joining, Imagene will grant Dr. Porter-Brown 137,000 shares of common stock, reflecting the company's commitment to his leadership and aiming to attract top talent to drive the success of clinical projects.
Trade with 70% Backtested Accuracy
Analyst Views on IMA
About IMA
About the author

- New Chief Medical Officer: ImageneBio has appointed Dr. Ben Porter-Brown as Chief Medical Officer, who brings over 20 years of clinical development experience in autoimmune and inflammatory diseases, focusing on executing the Phase 2b ADAPTIVE trial to enhance the company's expertise in this area.
- International Trial Expansion: Dr. Porter-Brown plans to expand the Phase 2b trial footprint with international sites in the UK and Europe, which will not only aid in patient recruitment but also enhance Imagene's competitiveness in the global market.
- Innovative Treatment Potential: Imagene's IMG-007 is a monoclonal antibody targeting OX40 with unique product features, expected to provide new treatment options for patients with moderate-to-severe atopic dermatitis, filling a market gap and driving future growth for the company.
- Equity Incentive Plan: As an inducement for joining, Imagene will grant Dr. Porter-Brown 137,000 shares of common stock, reflecting the company's commitment to his leadership and aiming to attract top talent to drive the success of clinical projects.

Analyst Ratings Overview: Top Wall Street analysts have recently changed their outlook on several companies, with a focus on upgrades, downgrades, and new coverage initiations.
The Pennant Group, Inc.: Jefferies analyst Brian Tanquilut initiated coverage with a Buy rating and a price target of $30, while shares closed at $24.48.
Alphatec Holdings, Inc.: JP Morgan analyst Allen Gong initiated coverage with an Overweight rating and a price target of $19, with shares closing at $15.89.
ImageneBio, Inc. and Albemarle Corporation: Leerink Partners initiated coverage on ImageneBio with an Outperform rating and a $30 price target, while Rothschild & Co initiated coverage on Albemarle with a Buy rating and a $135 price target.
ImageneBio's Executive Compensation: ImageneBio, Inc. granted Dr. Kristin Yarema, the new CEO, inducement stock options for 436,080 shares and restricted stock units for 153,505 shares as part of her employment agreement, with specific vesting schedules over four years.
Company Overview: ImageneBio is focused on developing treatments for immunological and inflammatory diseases, with its lead asset IMG-007 currently undergoing a Phase 2b clinical trial for moderate-to-severe atopic dermatitis.




