INmune Bio Inc. — Cyborg Score 4/10

Mixed
Clinical-Stage Biotechnology / Immunotherapy

Strategic Profile

The Dominant-Negative TNF (DN-TNF) Platform utilizes dominant-negative technology to selectively neutralize soluble tumor necrosis factor (sTNF) without interfering with trans-membrane TNF or TNF receptors. Key development programs include INKmune (Phase 1 for high-risk myelodysplastic syndrome), INB03 (Phase II for breast cancer), and XPro1595 (for Alzheimer's disease and treatment resistant depression).

Cyborg Score Rationale

Losses increased to $42.08 million in 2024 (40.2% higher than 2023), and the experimental Alzheimer's drug (XPro) failed to meet primary endpoints in the Phase 2 MINDFuL trial, representing a significant setback. However, the company maintains multiple clinical programs and recent capital raises suggest operational continuity.

Top Insights

  • XPro failed primary cognitive endpoints in Phase 2 Alzheimer's trial, a critical clinical setback for the company's most advanced CNS program
  • INKmune platform primes NK cells to target minimal residual disease and is in trials for metastatic castration-resistant prostate cancer
  • 2024 revenue collapsed 90.97% to $14,000 while losses expanded to $42.08 million
  • Analyst consensus is Hold with 12-month price target of $4.30 (230% upside from recent trading levels)

Named Competitors

  • CAR-T Cell Immunotherapy — Cell-based cancer immunotherapy
  • PD-1/PD-L1 Checkpoint Inhibitors — Checkpoint inhibitor cancer treatments
  • TNF Inhibitors — Anti-TNF therapies for inflammation

Recent Developments

  • (January 2026) CEO David Moss letter to investors
  • (December 2025) Published results on inflammation research
  • (November 2025) Presentations at Clinical Trials Summit on two programs

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