Is Immunocore Holdings plc (IMCR) A Good Stock To Buy?
Last year we predicted the arrival of the first US recession since 2009 and we told in advance that the market will decline by at least 20% in (
Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. In this article, we will take a closer look at hedge fund sentiment towards Immunocore Holdings plc (NASDAQ:IMCR).
Is IMCR a good stock to buy? Hedge funds were becoming hopeful. The number of long hedge fund positions inched up by 17 recently. Immunocore Holdings plc (NASDAQ:IMCR) was in 17 hedge funds’ portfolios at the end of the first quarter of 2021. Our calculations also showed that IMCR isn’t among the 30 most popular stocks among hedge funds (click for Q1 rankings).
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Xilio plans to file INDs for its two lead candidates this year. (PDPics/Pixabay)
Xilio Therapeutics has raised $95 million to take IL-2 and CTLA-4 immunotherapies into clinical trials. The series C positions Xilio to provide early clinical validation of anti-cancer agents that are designed to remain inactive until they reach tumors.
Immuno-oncology drugs are typically given systemically, causing them to trigger immune responses that affect healthy and cancerous tissues alike. The resulting adverse events are unpleasant and can prevent physicians from administering the most efficacious dose. Patients suffer from both the side effects and worse outcomes due to the use of suboptimal doses.