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3.70    -0.27 (-7.73%)
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Spread: 0.685 (20.726%)
Market Cap: £23.08m
IMM Live PriceLast checked at - London Stock Exchange

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Corporate Update

14 Mar 2019 07:00

RNS Number : 8100S
Immupharma PLC
14 March 2019
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14 March 2019

ImmuPharma PLC

("ImmuPharma" or the "Company")

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CORPORATE UPDATE

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ImmuPharma PLC (LSE: IMM), the specialist drug discovery and development company provides an update on ongoing activities.

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Key highlights:

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Β· Lupuzorβ„’

o Lupuzorβ„’ 'Managed Access Program'

o Phase III 'open label extension'

Β· Nucant (cancer) program: Clinical development collaboration with Incanthera Limited

Β· Urelix technology

Lupuzorβ„’

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Lupuzorβ„’ is the Company's late stage asset for Lupus, a potential life threatening auto-immune disease. Following the conclusion of the pivotal Phase III trial earlier in 2018, ImmuPharma continues to look at opportunities which over the longer term have the potential of bringing Lupuzorβ„’ to market. As part of this strategy, the Company continues to engage with potential corporate partners as well as commencing a Managed Access Program for Lupuzorβ„’.

Lupuzorβ„’ Managed Access Program

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ImmuPharma, together with its partner, is in the final preparations for its Managed Access Program ('MAP') being open to eligible patients in Europe. Further updates will be provided to the market in due course.

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Lupuzorβ„’ Extension Study

The Lupuzorβ„’ open label extension study, from the original Phase III trial, with a total of 62 eligible patients recruited throughout the US and Europe, remains on track to report results in Q2 2019.

Nucant Cancer Programme - Clinical Development Collaboration

As announced on 31 December 2018, the exclusivity period was extended to 31 March 2019. Discussions continue on this collaboration and an update will be provided in due course.

Ureka

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ImmuPharma's subsidiary, Ureka Sarl ("Ureka") based in Bordeaux, is focusing on transforming peptides into efficient drugs for treatments in a number of therapeutic areas including Type II diabetes and NASH (Non-Alcoholic-Steato-Hepatitis). Recently, a fundamental research paper on Ureka' proprietary technology 'Urelixβ„’' was published in the peer reviewed research journal 'Nature Communications'.

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ImmuPharma continues to look at all options regarding progression of Ureka's assets. This process is ongoing and further updates will be announced as appropriate.

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Commenting on the announcement, Tim McCarthy, ImmuPharma's Chairman said: "We remain focused on creating long term value throughout our portfolio through initiatives including the Managed Access Program for Lupuzorβ„’, whilst the Company continues to engage with industry partners for potential collaboration opportunities on its projects."

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This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014. ("MAR")

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For further information please contact:

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ImmuPharma plc (www.immupharma.com)

+ 44 (0) 207 152 4080

Tim McCarthy, Chairman

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Lisa Baderoon, Head of Investor Relations

+ 44 (0) 7721 413496

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SPARK Advisory Partners Limited (NOMAD)

Neil Baldwin

Vassil Kirtchev

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Stanford Capital Partners (Joint Broker)

Patrick Claridge, John Howes

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SI Capital (Joint Broker)

Nick Emerson

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+44 (0) 203 368 8974

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+44 (0) 203 815 8880

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+44 (0) 1483 413500

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
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UPDJJMLTMBABBTL
Date   Source Headline
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27th Jan 20234:25 pmRNSTR-1: Notification of major holdings
4th Jan 20235:26 pmRNSTR-1: Notification of major holdings
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4th Jan 20234:35 pmRNSPrice Monitoring Extension
3rd Jan 20234:58 pmRNSTR-1: Notification of major holdings
22nd Dec 20227:55 amRNSGrant of Options
22nd Dec 20227:00 amRNSEnd of Year Update
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14th Nov 20224:35 pmRNSPrice Monitoring Extension
11th Nov 20227:31 amRNSLupuzor Update
11th Oct 20224:40 pmRNSSecond Price Monitoring Extn
11th Oct 20224:35 pmRNSPrice Monitoring Extension
7th Oct 20224:44 pmRNSCompany Secretary Change

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