AIM ImmunoTech (NYSE:AIM) jumped ~17% in the morning hours Tuesday after announcing a collaboration with Erasmus University Medical Center and AstraZeneca (AZN) for an investigator-initiated study for its lead asset Ampligen (rintatolimod).
According to the agreement, Erasmus MC will run the study to evaluate rintatolimod in combination with AstraZeneca’s (AZN) immune checkpoint inhibitor durvalumab in patients with metastatic pancreatic ductal adenocarcinoma.
AIM ImmunoTech (AIM) and AstraZeneca (AZN) are expected to provide their respective study drugs for the trial.
The company said that Ampligen has previously indicated pre-clinical synergistic effects with checkpoint inhibitors improving survival rates and efficacy in animal tumors.