News
Company ImmuPharma PLC
TIDM IMM
Headline Interim Results
Released 07:00 25-Sep-08
Number 2638E
FOR IMMEDIATE RELEASE
London, 25 September 2008
Interim results announcement for the six months ended 30 June 2008
ImmuPharma plc (LSE:IMM), the specialist discovery and development pharmaceutical company is pleased to announce its interim results for the six months ended 30 June 2008.
INTERIM HIGHLIGHTS
■ First patients dosed in Phase IIb trial of our lead asset for lupus, IPP-201101, during the period under review with subsequent ongoing progress being made and headline efficacy data expected later in the year;
■ Successfully obtained LUPUZOR™ trademark for IPP-201101, our lead asset for lupus
■ Encouraging pre-clinical data from new portfolio candidate, IPP-204106 for multiple forms of cancer
■ Raised £2.7m in a share placing from UK and Swiss institutional investors;
■
In addition to our discovery pipeline, our portfolio now
includes five drug candidates:
□ IPP-201101, LUPUZOR™ for
the treatment of lupus
□ IPP-204106, for the treatment of
cancer
□ IPP-201007, for the treatment of
inflammation
□ IPP-102199, for the treatment of
moderate and severe pain
□ IPP-203101, for the treatment of
MRSA and other hospital-
acquired infections
Commenting on the progress to date and the outlook for ImmuPharma, Dimitri Dimitriou, Chief Executive Officer, said: "The first half of 2008 has been an exciting time for ImmuPharma with the addition of IPP-204106 for the treatment of cancer, the first patients being dosed with LUPUZOR™ and ongoing progress being made in a Phase IIb trial that is anticipated to report headline efficacy data later in the year, and a successful share placement raising £2.7m. The Company continues to develop its assets and discussions with potential partners."
For further information please contact:
ImmuPharma PLC
Dimitri Dimitriou, Chief Executive Officer
+44 20 7152 4080
Dr Robert Zimmer, President & Chief Scientific Officer + 33 389 32
7650
Richard Warr, Chairman
+44 20 7152 4080
Buchanan Communications +44 20 7466 5000
Lisa Baderoon
Rebecca Skye-Dietrich
Panmure Gordon & Co
NOMAD and Broker
+44 20 7459 3600
Andrew Burnett
Ashton Clanfield
Rakesh Sharma
Please click below to view or download the full Interim Results.
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