The following is a summary of the AIM ImmunoTech Inc. (AIM) Q1 2024 Earnings Call Transcript:

Financial Performance:

• AIM ImmunoTech ended Q1 with $10.9 million in funds.

• Research and Development expenses stayed on course, while General and Administrative expenses saw an increase compared to the same period the previous year.

• The company is confident that its current cash reserves are sufficient to support operations through several potential value-driving milestones.

Business Progress:

• Notable progress was observed in the testing of Ampligen combined with AstraZeneca's Imfinzi for the treatment of late-stage metastatic pancreatic cancer, with no severe adverse events or dose limiting toxicity noted.

• Interim data also showed a potential synergistic effect of Ampligen with Keytruda in treating recurrent ovarian cancer.

• On the production front, the company successfully manufactured a significant amount of Ampligen, which is crucial for its commercial strategy.

• Dr. Charles Lapp joined the company's medical and scientific advisory team, adding his expertise to the management of research programs related to ME/CFS and Long COVID.

More details: AIM ImmunoTech IR

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