INmune Bio Reveals New Neuroimaging Data Showing XPro1595 Slows Alzheimer's Progression
INmune Bio announces new neuroimaging data from its Phase 2 MINDFuL trial of XPro1595 in patients with early Alzheimer's disease and elevated neuroinflammation. The results will be presented at the 18th Clinical Trials on Alzheimer's Disease conference, being held on December 1-4, 2025 in San Diego, CA. The new analyses add to the growing body of clinical, biomarker, and imaging evidence supporting XPro1595's mechanism of selectively neutralizing soluble TNF. The data further validate the Company's strategy of targeting inflammation-driven AD, a large, underserved subset representing a significant unmet need and potential commercial opportunity. Using PerpPD+, a next-generation MRI imaging analysis that quantifies the diffusion components of water molecules that are perpendicular to the cortical gray matter's minicolumns in the brain investigators observed a trend towards slowed neurodegeneration progression in patients receiving XPro1595. These analyses focused on participants with early AD and high inflammatory burden, including the dose-compliant subgroup. The PerpPD+ findings suggest attenuated increases in cortical disarray, an imaging hallmark associated with neurodegeneration. These results reinforce previously reported directional improvements across biological, cognitive, and neuropsychiatric endpoints and align with XPro1595's mechanism of reducing innate immune dysfunction. Disease with Inflammation: Results from the Phase 2 MINDFuL Trial outlines the first neuroimaging results of the Company's Phase 2 randomized, double-blind, placebo-controlled study in patients with early Alzheimer's disease and elevated inflammatory biomarkers receiving either XPro1595 or placebo. Results in the change from baseline at 24 weeks in PerpPD+, a grey matter imaging analysis developed by Oxford Brain Diagnostics, were analyzed in participants with early AD and a high inflammatory burden and in dose-compliant ADi. The data show XPro1595 slowed disease progression as observed by a trend in an attenuated increase in PerpPD+, which indicated microscopic disruption of disarray in cortical structure. This reduction may indicate a slowing of neurodegeneration in the target population. In addition, these neuroimaging results are supportive of the previously reported directional effects on biological, cognitive and neuropsychiatric endpoints.
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- MSC Therapy Outlook: INmune Bio recently published an overview in the journal Cytotherapy regarding mesenchymal stromal cell (MSC) therapies, highlighting their potential applications in inflammation, immunomodulation, and wound healing, showcasing the company's forward-looking research capabilities in cell therapy.
- CORDStrom™ Platform Progress: The review, led by INmune's Chief Scientist Dr. Nikita M. Patel, discusses systemic and local delivery methods for the CORDStrom™ platform, with plans to file a Biologics License Application (BLA) and Marketing Authorization Application (MAA) in 2026, laying the groundwork for future clinical applications.
- Strengthening Scientific Foundation: The article summarizes the current knowledge base and critical gaps in MSC therapies, aiming to propose experimental questions to enhance the development of the CORDStrom™ platform, indicating INmune's leadership in advancing MSC research.
- Clinical Research Potential: INmune Bio's CORDStrom™ platform utilizes human umbilical cord-derived mesenchymal stromal cells to provide high-quality, reproducible cellular medicines, which may have a significant impact on treating complex inflammatory and autoimmune diseases.
- Clinical Trial Progress: INmune Bio presented new neuroimaging data for XPro1595 at the CTAD conference, indicating the drug may slow neurodegenerative progression in early Alzheimer's patients, highlighting its potential in treating inflammation-driven Alzheimer's disease.
- Biomarker Validation: Utilizing PerpPD+ imaging analysis, the study observed a trend towards reduced cortical disarray in patients with high inflammatory burden receiving XPro1595, further validating its mechanism of selectively neutralizing soluble TNF (sTNF).
- Market Opportunity: The findings underscore the unmet medical need for inflammation-driven Alzheimer's disease, positioning XPro1595 as a first-in-class disease-modifying therapy that could present significant commercial opportunities for the company.
- Future Data Outlook: INmune Bio confirmed that additional MRI analyses will be released in 2026, expected to provide further insights into XPro1595's impact on brain tissue in Alzheimer's patients, enhancing its competitive position in the market.

Successful Manufacturing Milestone: INmune Bio Inc. has completed its first full-scale pilot commercial manufacturing run of CORDStrom™, a mesenchymal stromal cell therapy for Recessive Dystrophic Epidermolysis Bullosa (RDEB), at the Cell and Gene Therapy Catapult in the UK, paving the way for regulatory submissions in 2026.
Promising Clinical Results: CORDStrom™ has shown positive outcomes in a Phase 2 trial, improving symptoms such as itch, pain, and wound healing in RDEB patients, highlighting its potential as a life-changing therapy for those affected by this severe condition.

Stock Performance and Technical Analysis: INmune Bio, Inc. (INMB) has experienced a 23.8% decline over the past month, but its current RSI of 27.46 indicates it is oversold, suggesting a potential trend reversal may be imminent.
Analyst Sentiment and Earnings Estimates: There is strong consensus among analysts for improved earnings, with a 15.7% increase in the consensus EPS estimate over the last month, and INMB holds a Zacks Rank #2 (Buy), indicating a favorable outlook for the stock's recovery.

Management Changes and Strategic Focus: David J. Moss has been appointed as the new CEO of INmune Bio, emphasizing a strategic shift away from developing XPro for Alzheimer's disease due to high costs, while focusing on advancing CORDStrom and INKmune towards regulatory approvals by mid-2026.
Financial Performance and Future Outlook: The company reported a net loss of approximately $24.5 million for Q2 2025, with cash reserves sufficient to fund operations into Q3 2026; management is pursuing partnerships and regulatory submissions to support its pipeline amidst a cautious financial strategy.

Trial Results: INmune Bio's Phase I/II trial of INKmune™ for metastatic castration-resistant prostate cancer has successfully met its primary and secondary endpoints, demonstrating safety and effectiveness in activating NK cells, particularly in patients with low NK cell activation.
Future Plans: Following the trial's success, INmune Bio intends to design a randomized Phase 2b trial targeting patients with less severe disease to further assess the drug's clinical benefits.







