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Immupharma chairman 'delighted' with first significant investment from specialist US funds

ImmuPharma PLC's (LON:IMM) Tim McCarthy speaks to Proactive London's Andrew Scott following the news of new funding through two specialist US healthcare investors. Up to US$6.3mln is being invested into IMM from an issue of unsecured convertible securities and associated options to L1 Capital Global Opportunities Master Fund and Lind Global Macro Fund.

Quick facts: ImmuPharma PLC

Price: 9.12 GBX

AIM:IMM
Market: AIM
Market Cap: £22.77 m
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Immupharma: The Life Sciences Division's Dr Malik says shares are 'oversold'...

The Life Sciences Division's Dr Navid Malik offers up his thoughts and outlook on ImmuPharma PLC (LON:IMM). Malik examines the company's flagship drug Lupuzor - a treatment for the autoimmune disease Lupus. ImmuPharma recently updated the market on progress within its lupus drug, Lupuzor,...

1 week, 4 days ago

2 min read