Innate Pharma Advances Key Pipeline Assets While Implementing Strategic Restructuring
- Innate Pharma received FDA Breakthrough Therapy Designation for lacutamab in Sézary syndrome and is nearing completion of Phase 3 trial protocol preparation following regulatory discussions.
- The company's Nectin-4 ADC IPH4502 is progressing through Phase 1 enrollment with first patient data expected in H1 2026, while AstraZeneca's PACIFIC-9 trial with monalizumab completed enrollment.
- Innate plans to reduce staffing by approximately 30% and focus resources on three highest-value assets: IPH4502, lacutamab, and monalizumab, with cash runway extending to Q3 2026.
- Sanofi invested €15 million in new equity while the company reported €70.4 million in cash position as of June 30, 2025.