Commenting on this announcement, Tim McCarthy, CEO of ImmuPharma, said:"These stunning results clearly demonstrate the unique MOA of P140 and this data adds significantly to our ongoing discussions with potential partners and our objective to secure the optimum deal(s) for our shareholders."
If Immupharma was currently already rated at 80 or 100 Million GBP market cap or above it would be different...
but it is not, it is only sitting at 13 million GBP mc currently including also a few million in cash. Let alone all the prorietary knowledge and patents in house.
Here is an example of a previous deal in autoimmune disease market where GSK agreed to pay $300 million upfront payment. Just an example of the potential market opportunities out there...
The dilution was relatively small, not like other dilutions we've seen in the past on AIM like 20-30% range or even above.
Remember they did not even had to raise as there was still sufficient money in the bank. Because of a few shareholders preference they now have an even stronger negotiation position at the table. Plenty of cash until end of next year.
Close friend of mine his wife and daughter are both suffering from a specific autoimmune disease. It would be great if Immupharma could further develop the P140 platform and release fit-for-purpose personalised medicines which could help all these patients worldwide. Come on Tim and team, let's make a move!...
Indeed, IMM has now even more cash in the bank at least until the end of 2026, so they are in a stronger negotiation position at the table. JV's, collaboration, takeovers but also issuing license offtake deals.