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AIM ImmunoTech Inc

aimimmuno.com

What Do They Do?

Develops Ampligen as a treatment for pancreatic cancer and other cancers, viral diseases and immune disorders, and Alferon N Injection for genital warts.

How Do They Make Money?

AIM sells Ampligen through cost-recovery clinical treatment programs: under FDA-approved protocols, sales are tied to shipment; in the early-access program, they are tied to distribution and administration to patients.

FY2025 revenue

Who Are Their Customers?

Ampligen reaches patients through partners: Filaxis was contracted to commercialize it in Argentina, while myTomorrows serves as an early-access service provider and distributor in Europe and Turkey.

Do Revenues Turn Into Profits?

No. It lost $14M in FY2025.

Operating income, FY2025
−13255% of revenue
▼ −41% (Loss) vs FY2024 (−$19.8M, −11631%)
Net income, FY2025
−15861% of revenue
▼ −19% (Loss) vs FY2024 (−$17.3M, −10188%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +4%
vs $25K in Q2 FY2025
Net income
▲ +36% (Loss)
vs −$2.8M in Q2 FY2025

Shrinking. Revenue fell 35% in 4 years, from $135K in FY2021 to $88K in FY2025, about 10% a year.

Narrower development focus The older report prioritized pancreatic cancer, chronic fatigue and post-COVID programs alongside antiviral research; the latest report says the company has chosen to focus its efforts on Ampligen for late-stage pancreatic cancer.

Who Do They Compete With?

Competes with Pfizer, GlaxoSmithKline, Merck &, Novartis, AstraZeneca, Revolution Medicines, Baxter International, Fletcher/CSI, AVANT Immunotherapeutics, AVI BioPharma, and Genta

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