Home › Companies › IMMX

Immix Biopharma

Market cap $577M 71.5M shares (10-Q, Aug 3, 2026) × $8.06 close Nov 6, 2026

Most recent annual filing: 2026-03-25

Catalyst timeline

3 trackedQuarter catalyst calendar →
  1. NXC-201 commercial launch1H 2027NXC-201 commercial launch, 1H 2027, routine
  2. NXC-201 Ph2 toplinemid-2027NXC-201 Ph2 topline, mid-2027, thesis-defining
  3. NXC-201 BLA filingmid-2027NXC-201 BLA filing, mid-2027, notable

Bar width shows how precise the guidance is — a pin is a stated date, a wide band a six-month window. Deeper blue means more of the thesis rides on the event; it is not a view on the stock.

Pipeline (1 active programs)

Technology platforms

N-GENIUS · Hadasit

Cell engineering platform with EXPAND technology and COBRA binder scaffold generation; produces CAR-T candidates targeting BCMA and other targets for hematologic, neurologic, rheumatologic, vascular and other serious diseases

Targets: BCMA

N-GENIUS

Proprietary CAR-T cell therapy development platform that produced NXC-201, a next-generation CAR-T designed to treat AL Amyloidosis and other serious diseases

Capital (as filed)

Cash
$225M cash and cash equivalents · Jun 30, 2026 (10-Q)
Short-term investments
$6.6M Jun 30, 2026
Long-term investments
$2.1M Jun 30, 2026
Operating cash flow
−$11.7M quarter Mar 31, 2026 → Jun 30, 2026, year-to-date difference (10-Q)
As stated in coverage
$346M cash, runway mid-2028 per the update of Sep 29, 2026 — the company's own words as read there, not the filed figure

Offering documents (4)

Cash, investments and operating cash flow are the company's own XBRL facts as filed with the SEC, each shown with its period end and tag. As-stated figures come from the company's own words as read in Biotech Distilled coverage, dated, and routinely count securities and planned financing that a balance sheet does not. Offering rows are the SEC cover pages as filed. Not investment advice. Figures as of Nov 7, 2026.

Biotech Distilled coverage (3)

Articles open on Substack. Some are subscriber-only; those marked ★ Distilled Pro are for Distilled Pro members.

Verdict history (3 calls)

Every verdict Biotech Distilled has published on Immix Biopharma, oldest first — the full history, never a selection. How calls are scored: the track record.

  1. Buy core Immix Biopharma (IMMX) - Scientific Deep Dive for NXC-201 and Pipeline Products Structurally de-risked asset heading into a high-probability Q3 2026 pivotal data readout, with pristine interim CR data, $90.6M cash runway eliminating pre-catalyst dilution risk, and strong M&A optionality.
  2. Buy core UPDATE: Immix Biopharma (IMMX) — The 95% CR Lands, and the Dilution Gap Closes Before It Opens The 95% CR rate printed exactly as predicted, the post-data dilution risk was pre-emptively defused by a $150M raise extending runway to mid-2028, and M&A optionality is higher with the full data set in hand.
  3. Buy core UPDATE: Immix Biopharma (IMMX) - The Data Holds, the Clock Slips 89% IRC-adjudicated CR across all 45 patients confirms the science held at scale, balance sheet is fortress-level post-raise, but the catalyst timeline slipped 6-9 months to mid-2027 turning this into a patient hold rather than a near-term trade.

Every verdict Biotech Distilled has published on this company, in order, with the post it came from — the full history, never a selection. Position figures are the same ones shown on /track-record, computed by the same method. Editorial opinion, not investment advice.

Filings & releases (25)

SEC filings from EDGAR and press releases captured from the company's investor-relations site, newest first. Releases captured from Aug 4, 2026; filings from March 2026. Summaries come from the BD update that read the document; "BD extracted" counts point at the pipeline table above. All companies →

9 more filings (13G holder notices, S-8, proxy material, SEC correspondence …)