Immuron Announced Travelan Sales Continued Strong Growth

4/9/24 9:01:16 PM ET

$IMRN

$WMT

Biotechnology: Pharmaceutical Preparations

Health Care

Department/Specialty Retail Stores

Consumer Discretionary

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Immuron Limited ((ASX: IMC, NASDAQ:IMRN), an Australian based and globally integrated biopharmaceutical company is pleased to announce record sales (unaudited) of Travelan®, an over-the-counter immune supplement that targets pathogenic bacteria and the toxins they produce in the gastrointestinal (GI) tract,

Sales Highlights: Global • FYTD Mar 2024 AUD$3.6 million up 154% on (prior comparative period) pcp • Mar 2024 Quarter AUD$1.3 million up 51% on pcp and 75% on last quarter Australia • FYTD Mar 2024 AUD$2.8 million up 234% on pcp • Mar 2024 Quarter AUD$0.9 million up 66% on pcp and 99% on last quarter USA • FYTD Mar 2024 AUD$0.8 million up 35% on pcp • Mar 2024 Quarter AUD$0.3 million up 7% on pcp and 18% on last quarter • Sales commenced on Walmart.com

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Company	Date	Price Target	Rating	Analyst
Walmart Inc. $WMT	11/21/2024	$91.00	Buy → Hold	DZ Bank
Walmart Inc. $WMT	11/20/2024	$92.00 → $100.00	Outperform	Telsey Advisory Group
Walmart Inc. $WMT	10/22/2024	$95.00	Outperform	Bernstein
Walmart Inc. $WMT	10/14/2024	$81.00 → $90.00	Outperform	Oppenheimer
Walmart Inc. $WMT	10/8/2024	$82.00 → $92.00	Outperform	Telsey Advisory Group
Walmart Inc. $WMT	9/24/2024	$76.00 → $89.00	Hold → Buy	Truist
Walmart Inc. $WMT	8/16/2024	$75.00 → $82.00	Outperform	Telsey Advisory Group
Walmart Inc. $WMT	7/10/2024	$81.00	Overweight	Piper Sandler

Immuron Announced Travelan Sales Continued Strong Growth

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