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Imagion Biosystems Limited (ASX:IBX)

ALERT: Price-sensitive ASX Announcement for IBX
Current share price for IBX : $0.006 -0.004 (-40%)+
Release
26 Aug 2026 9:47AM
Price at Release
$0.010
Full Release
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Summary
Imagion Biosystems Limited has provided an update on its Phase 2 clinical trial involving the MagSense® HER2 Imaging Agent, focusing on non-radioactive MRI imaging for HER2+ breast cancer detection. The company has completed manufacturing the investigational product and is in the process of distributing it to trial sites. They have signed work orders with contract research organizations for trial management and initiated negotiations with the first US trial site. The clinical trial is designed in three phases to gather safety, dosage, and diagnostic performance data, with the potential to aid AI diagnostic tool development. This trial marks a significant step towards commercializing MagSense® technology which targets improved cancer detection without using radioactive substances.
Key Points
  • Phase 2 clinical trial work orders signed with CRO partners.
  • MagSense® investigational product ready for distribution.
  • Contract negotiation with the first USA clinical trial site.
  • Phase 2 trial initiation underway with seven sites.
  • Advanced MRI techniques integrated into imaging protocol.
  • Trial expected to complete in 18-24 months.
  • MagSense® technology uses non-radioactive, molecular-specific MRI agents.
  • Phase 1b/2 trial to provide data for AI diagnostic tools.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.