Immunomolecular (IM) Therapeutics LLC, a company created to develop small-molecule therapies for the treatment of genetically defined autoimmune diseases, has revealed its lead candidate, an immunotherapy for type 1 diabetes, IMT-002. The molecule, a proprietary formulation of the D enantiomer of methyldopa, already has FDA orphan status and could enter phase I testing next year after the company files an investigational new drug application (IND) in the second quarter of 2018.