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IMM Immupharma Plc

2.35
0.11 (4.91%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Immupharma Plc LSE:IMM London Ordinary Share GB0033711010 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.11 4.91% 2.35 2.30 2.40 2.30 2.20 2.20 1,317,704 16:35:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 0 -3.81M -0.0114 -2.02 7.67M

ImmuPharma Shares Rise on Positive Guidance From US FDA for P140

18/05/2023 10:38am

Dow Jones News


Immupharma (LSE:IMM)
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By Kyle Morris

 

Shares in ImmuPharma rose 11% on Thursday after the company said it received positive guidance from the U.S. Food and Drug Administration that supports an Investigational New Drug application and a phase 2/3 adaptive clinical trial of the P140 platform for patients with chronic idiopathic demyelinating polyneuropathy.

Shares at 0850 GMT were up 0.33 pence at 3.40 pence.

The company said the FDA feedback recognised that P140 is suitable to be studied in another disease indication in addition to systemic lupus erythematosus, which supports P140 across several auto-immune/inflammatory diseases.

An IND application will now be prepared for submission to the FDA.

An application for Orphan Drug status for CIDP will be also submitted in parallel to the full IND application.

 

Write to Kyle Morris at kyle.morris@dowjones.com

 

(END) Dow Jones Newswires

May 18, 2023 05:23 ET (09:23 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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