Immupharma steadfast in belief Lupuzor has commercial merit
Lupuzor did work well in certain patients, chiefly those who were antibody-positive
Company
LON:IMM
ImmuPharma PLC is a biopharmaceutical company that specializes in the usage and development of biopolymers, specifically peptides. The company is dedicated to developing an innovative portfolio of peptide-based therapeutic drugs with a focus on autoimmunity/inflammation and anti-infectives.
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Lupuzor did work well in certain patients, chiefly those who were antibody-positive
The drug developer also recently raised £2.66mln from its institutional investor, Lanstead Capital, to help execute its corporate strategy
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In future, the focus will be on revenue sharing partnerships to roll-out its virtual reality pods into high footfall locations
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The FTSE 100 index closed 39.84 points lower on the day at 7,646, while the midcap FTSE 250 index plunged almost 112 points to close at 19,774
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After Lupuzor missed its primary endpoint in a phase III trial last year, ImmuPharma has been working hard to build a data package for the drug which it can take to regulators
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The mid-cap FTSE 250 added over 147 points to close at 19,462 on Friday
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Serco has already flagged that it expects its strong order intake to boost revenue in 2019 after several years of declines.
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It said the proceeds of the subscription will be used primarily to fund the execution of its corporate strategy, including progressing Lupuzor through both corporate partnerships and regulatory pathways
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Bitcoin is up more than 10% but the shine has come off gold a bit
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Aside from the two mid-cap transport operators, blue chip contractor Bunzl will also issue a trading update, while the macro focus will be on the G20 meeting in Japan
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The drug developer is assessing the best route forward for its lead drug, a treatment for the autoimmune disease, Lupus
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A glance at some of the day's highlights from the Proactive Investors newswire
The firm remains in conversation with potential commercial partners as well as its regulatory advisors
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Immotion will install a range of VR cinematic motion pods on a revenue-share basis at Odysea Aquarium, in Scottsdale, Arizona, and The Maritime Aquarium, in Norwalk, Connecticut
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Footsie closed down around 0.19 at 7,436, while mid-cap FTSE 250 was up around 95 points at 19,807
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Conversations with Incanthera are continuing even though an extended period of exclusivity has lapsed
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The firm said that following the conclusion of the pivotal Phase III trial earlier in 2018, it continues to look at opportunities which, over the longer term, have the potential of bringing Lupuzor to market
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Footsie closed around 26 points higher at 7,185, while FTSE 250 added around 103 points at 19,283
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Peptide drugs generated US$30bn in sales last year
Footsie closed down around 32 points at 7,151, while the FTSE 250 added 23 at 19,270
Results from a 62-patient follow-up study are due shortly, while data from a 500-person-strong managed access programme should be available by the end of next year
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The AIM-listed firm said that following analysis of the regulatory processes in EU countries, it is planned to begin patient recruitment for the programme in France and UK
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“We are especially pleased with the successful IPO of our first direct investment, Immotion PLC, that came to fruition just a short few months after cash deployment”
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The lupus treatment missed its primary endpoint in a phase III study earlier this year, but ImmuPharma CEO Tim McCarthy still has high hopes for the drug
Eighteen of the top 20 big pharmaceutical companies now provide early access to their drugs
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The FTSE 100 closed nearly 31 points higher at 7,331, while FTSE 250 added over 42 at 20,500
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A glance at some of the day's highlights from the Proactive Investors newswire
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A look at some of the biggest risers and fallers in the London market on Friday
Normally, patients have to wait until regulators have approved a drug before they get access to it, but up to 500 lupus sufferers will receive Lupuzor as part of a Managed Access Programme
FTSE 100 finished down around 41 points or 0.56%, at 7,277 as its poor run continues
Some of the main news-driven risers and fallers in London on Thursday afternoon...
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Currently being developed to treat lupus, peptide P140 may hold the potential to treat another painful autoimmune disease
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The FTSE 100 has clawed back all of this morning's losses and some, while the ECB has unveiled plans to end its quantitative easing programme in December
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ImmuPharma chairman Tim McCarthy said: "We continue to believe Lupuzor has the potential to bring a much needed treatment to Lupus sufferers around the world"
In the current markets, the pound fell 0.49% against the US dollar at 1.1472..
The pair said the debate around the company's flagship drug is far more 'nuanced' than the top-line data might suggest, which explains why potential licensing partners are keen to continue talking to management
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“We need to see more data,” said Northland Capital's Vadim Alexandre. “There is a major unmet medical"
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Some of the top news-driven risers in London at 3.45pm ...
The company revealed there had been "expressions of interest" in its lupus programme which it will explore
FTSE 100 closed higher, as did it mid-cap cousin, FTSE 250
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A look at some of the biggest risers and fallers in London on Wednesday
The UK blue-chip index finished over 44 points higher at 7,044, but big miners tempered gains
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A look at some of the biggest risers and fallers in London on Friday
Chairman Tim McCarthy said: "With the continued robust safety record of Lupuzor achieved over this trial, we look forward with confidence to reporting top line results in the near future"
Will EU leaders approve the Brexit transition deal reached between Michel Barnier and David Davis?
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The UK's blue-chip index closes up 20.84 points to 7,234.81
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Premaitha is given a fillip by permission to appeal against High Court's decision on patent dispute
The cash, raised by issuing shares at 144p each, will support future investment in the P140 peptide platform
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“If he intended it, Treasury Secretary Steven Mnuchin has done a first class job of whacking the dollar,” declared Neil Wilson at ETX Capital. .
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A look at some of the top risers and fallers in London today.
The last of the 200 patients has had their final assessment and the data is now being processed and analysed
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The FTSE 100 closed lower on Thursday as there was no clear direction across global equities
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Thursday
ImmuPharma’s chairman, Tim McCarthy, said: "Importantly we continue to see robust safety and we look forward with continued confidence to reporting top line results of the study in Q1 2018"
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The FTSE 100 index closed up 78 points at 7,603, just off the all time high
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A look at some of the top risers and fallers in London today
In all, 116 of the 200 patients with the life-threatening auto-immune disease have been through the 52-week process looking at the efficacy of Lupuzor