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Hawk’s Nest

Small Biotech Draws Unusual Call Buys into Key 2H Catalysts

by | Aug 18, 2022

Immunic (IMUX) flagging and a buyer 1500 each of the January $5 and $7.50 calls at $1.75 and $0.90 respectively. IMUX has a $144M market cap and trades 1.6X cash. Phase 3 Multiple Sclerosis study and topline from the psoriasis Phase 1c IMU-935 study in the second half of 2022