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AIM:IMM

ImmuPharma PLC

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Market:
AIM
Market Cap:
£32.53 m
Price
13.00 GBX
Change
0.00%
52 weeks high
23.00
52 weeks low
7.01

In brief

ImmuPharma PLC is headquartered in London and has its research operations in France (ImmuPharma (France) SA) and Switzerland (ImmuPharma AG). ImmuPharma is dedicated to the development of innovative drugs to treat serious medical conditions, characterised by

  • High unmet medical need

  • Low marketing costs

  • Relatively low development costs

Founded first in Basel, Switzerland in 1999 and led by an experienced management team, ImmuPharma now has important R&D collaboration arrangements with highly respected health and medical research laboratories in Europe. The company plans either to bring its drug candidates to market itself, or to license them in corporate deals to other pharmaceutical companies.

Snapshot

  • Developer of a promising treatment called Lupuzor, for the autoimmune disease lupus

  • Signed a licensing deal with a US firm worth US$95mln in milestone payments and carried costs

  • Successful completion of a phase III trial should pave the way for commercialisation