{"id":18371,"date":"2022-01-12T09:58:08","date_gmt":"2022-01-12T17:58:08","guid":{"rendered":"https:\/\/marketdepth.com\/?p=18371"},"modified":"2022-01-12T09:58:10","modified_gmt":"2022-01-12T17:58:10","slug":"immuron-limited-receives-3-43-million-in-funding-from-u-s-dod","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/immuron-limited-receives-3-43-million-in-funding-from-u-s-dod\/","title":{"rendered":"Immuron Limited Receives $3.43 Million in Funding from U.S. DoD"},"content":{"rendered":"\n

Immuron Limited (NASDAQ: IMRN) today announced <\/a>that it had received funding for a new research agreement with the U.S Department of Defense.<\/p>\n\n\n\n

Up Premarket<\/h5>\n\n\n\n

Shares of Immuron Limited (NASDAQ: IMRN) climbed over 58% in premarket trading after the company announced the receipt of USD 3.43 million in funding from the U.S. Department of Defense for Travelan.<\/p>\n\n\n\n

\u201cThis new project expands our clinical development program and represents the first of several significant clinical trials which the Company expects to undertake with the US Military in 2022. The new funding is testament to the value proposition our hyperimmune bovine polyclonal colostrum technology offers to benefit the US Military as well as the civilian international travelling population.\u201d<\/p>Dr. Jerry Kanellos, CEO of Immuron<\/cite><\/blockquote>\n\n\n\n

Up to 60 volunteers will be enrolled in the clinical study entitled \u201cBiologics License Application (BLA) of a therapeutic Bovine Immunoglobulin supplement targeting Travelers\u2019 Diarrhea caused by Enterotoxigenic Escherichia Coli.\u201d They will then be randomly assigned to receive either a once-daily dose of 1200 mg of Travelan\u00ae or placebo, in an effort to test and confirm the efficacy of a single, larger dose regimen of Travelan\u00ae in a controlled human infection model. <\/p>\n","protected":false},"excerpt":{"rendered":"Immuron Limited (NASDAQ: IMRN) today announced that it had received funding for a new research agreement with the U.S Department of Defense. Up Premarket Shares of Immuron Limited (NASDAQ: IMRN) climbed over 58% in premarket trading after the company announced the receipt of USD 3.43 million in funding from the U.S. Department of Defense for… View Article<\/a>","protected":false},"author":3,"featured_media":18372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":0,"footnotes":""},"categories":[31,17,8,11,16],"tags":[],"acf":[],"yoast_head":"\nImmuron Limited Receives $3.43 Million in Funding from U.S. DoD - MarketDepth<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/marketdepth.com\/immuron-limited-receives-3-43-million-in-funding-from-u-s-dod\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Immuron Limited Receives $3.43 Million in Funding from U.S. DoD - MarketDepth\" \/>\n<meta property=\"og:description\" content=\"Immuron Limited (NASDAQ: IMRN) today announced that it had received funding for a new research agreement with the U.S Department of Defense. 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