Immutep’s IMP761 Dampens T-Cell Response in Healthy Volunteers

Immutep's experimental autoimmune drug IMP761 cut T-cell immune responses in a 60-person healthy volunteer trial, with stronger effects at higher doses and no serious side effects.
By Josua Ferreira -
  • IMP761 cut T-cell-driven immune responses in a way that grew with the dose in a 60-person trial of healthy volunteers.
  • The drug was well tolerated across all seven dose levels, from 0.03 mg/kg to 14 mg/kg, with no serious or severe side effects.
  • Drug levels in the body support dosing once every four weeks in the part of the study still running.
  • Results from the repeat-dose part are due in the first half of 2027 and will help choose a dose for a possible Phase II trial.
  • Research incentive funding pushed Immutep's expected cash reach into the first half of 2028, but any Phase II trial still depends on its balance sheet.
Summarise with AI:

IMP761 late-breaking data shows exposure-dependent T-cell suppression at ACR Convergence 2026

Immutep (ASX: IMM; NASDAQ: IMMP) announced positive Phase I data on IMP761, its first-in-class LAG-3 agonist antibody, from a late-breaking abstract at ACR Convergence 2026 in Orlando, Florida. The data showed statistically significant, exposure-dependent inhibition of T-cell-driven immune responses in healthy volunteers, with greater pharmacodynamic effects at higher IMP761 exposure.

The results build on the positive first-in-human results presented at EULAR 2026. ACR Convergence is the annual scientific meeting of the American College of Rheumatology.

The EULAR 2026 debut also carried commentary from CEO Marc Voigt on potential strategic collaboration tied to IMP761, a commercial angle that sits alongside the clinical readout.

Key highlights from the readout:

  • Statistically significant and exposure-dependent inhibition of T-cell-driven immune responses in healthy volunteers
  • Well tolerated across all seven dose levels, with a pharmacokinetic (PK) profile supporting a four-week dosing interval
  • The multiple ascending dose (MAD) portion of the study is ongoing, with no new safety signals observed to date

The readout is a proof-of-concept step for Immutep’s autoimmune program.

Inside the Phase I study and what it showed

How the KLH challenge model works

Volunteers are first immunised with keyhole limpet haemocyanin (KLH) three times. They then receive small injections of KLH into the dermis, which produce a measurable, T-cell-driven local immune reaction.

The model is an established way to test whether a drug can dampen a strong tissue T-cell-driven immune response to a foreign antigen. It therefore has the potential to silence T-cell responses to self-peptides in patients with autoimmunity. For investors, it is an established test of IMP761’s mechanism.

Study design and safety

  • Randomised, placebo-controlled, double-blind first-in-human study (NCT06637865)
  • Conducted by the Centre for Human Drug Research (CHDR) in Leiden, the Netherlands
  • Healthy volunteers (N=60)
  • Seven dose levels, from 0.03 mg/kg to 14 mg/kg
  • No serious or severe adverse events reported
  • PK profile supports a four-week dosing interval for the MAD portion

IMP761 Phase I Trial Snapshot

Pre-clinical support

In complementary pre-clinical studies using samples from rheumatoid arthritis patients, IMP761 demonstrated statistically significant reductions in T-cell activation and proliferation. The findings provide additional support for the potential application of LAG-3 agonism in autoimmune diseases driven by pathogenic T-cell responses.

Dr. Frédéric Triebel, CSO of Immutep

“These results derived from a large double-blinded trial clearly show the immunosuppressive effect of IMP761 on a strong antigen-driven T-cell response in tissues, without safety concerns…”

Why IMP761 matters for Immutep’s autoimmune strategy

IMP761 is an agonist IgG4 monoclonal antibody targeting LAG-3. It is designed to enhance LAG-3’s natural inhibitory function on the chronically activated, self-reactive T cells that drive many autoimmune diseases.

“To the Company’s knowledge,” IMP761 is the only LAG-3 agonist antibody currently in clinical development. Immutep is a clinical-stage biotechnology company targeting cancer and autoimmune diseases.

Dose-response and safety data from a placebo-controlled trial strengthen the case for moving into patient studies.

What happens next for IMP761

The source states the following next steps:

  1. Analysis of the MAD portion of the Phase I study, with a focus on PK, is ongoing, with no new safety signals observed to date.
  2. Results from the MAD portion are anticipated to be reported in H1 CY2027 and are expected to inform dose selection for a potential future Phase II program.

Progress into a Phase II program will depend on balance sheet capacity, and recent non-dilutive funding from French and Australian R&D incentives has pushed management’s expected cash reach into the first half of CY2028.

The data from the poster presentation is available on the Posters & Publications page of Immutep’s website.

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Frequently Asked Questions

What is IMP761?

IMP761 is Immutep's experimental antibody that switches on LAG-3, a natural brake on overactive immune cells. It is designed to calm the T cells that drive many autoimmune diseases.

What did the IMP761 Phase I trial show?

In 60 healthy volunteers, IMP761 cut T-cell-driven immune responses in a way that grew with the dose. It was well tolerated across seven dose levels, with no serious or severe side effects.

What is the KLH challenge model used in the IMP761 study?

Volunteers are first immunised with a test substance called KLH, then given small skin injections of it to trigger a measurable T-cell reaction. It tests whether a drug can dampen that reaction.

When will the next IMP761 results be released?

Immutep expects results from the repeat-dose part of the Phase I study in the first half of 2027. They are meant to help choose a dose for a possible Phase II trial.

How long will Immutep's cash last?

Management expects its cash to last into the first half of 2028. Funding from French and Australian research incentives helped push that date out.

Josua Ferreira
By Josua Ferreira
Partnership Director
Josua Ferreira holds a Bachelor of Commerce in Marketing and Advertising and brings a background in publication, business development, and ASX market storytelling. He has worked with listed companies across the resource sector and broader market, combining sharp commercial instincts with a genuine commitment to keeping investors informed.
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