Immupharma (IMM)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

 3.45p
   
  • Change Today:
      0.000p
  • 52 Week High: 5.90
  • 52 Week Low: 1.09
  • Currency: UK Pounds
  • Shares Issued: 499.72m
  • Volume: 428,990
  • Market Cap: £17.24m
  • RiskGrade: 328
  • Beta: 0.05

ImmuPharma shares surge on Covid-19 potential

By Josh White

Date: Thursday 14 May 2020

LONDON (ShareCast) - (Sharecast News) - Specialist drug discovery and development company ImmuPharma updated the market on activities around Covid-19 on Thursday, having expanded its pipeline in late March to include three new 'anti-infective' programmes, one of which was in antivirals.
The AIM-traded firm said investigation of the application of the 'Ureka' peptide technologies within that antivirals program suggested the potential to create effective anti-fusion peptides, with the goal to prevent virus entry into the host cells, which could lead to novel peptide based antiviral therapies.

It said further exploratory work was continuing on that programme.

As part of an overall evaluation of how the company could apply its patented technologies to the fight against the Covid-19 coronavirus pandemic, within its 'autoimmunity' therapy area, it said it had also been considering the way that 'Lupuzor' interacts with the immune system, and any potential application to Covid-19.

In that respect, it noted the results of a recent study conducted at Emory University in Atlanta, Georgia, suggesting that Covid-19 patients and systemic lupus erythematosus (SLE) patients experiencing flares could share similar inflammatory symptoms, underpinned by similar mechanisms.

It explained that Lupuzor is a modulator of the immune response, and an anti-inflammatory agent, which has activity against SLE - an autoimmune disease - as well as against other inflammatory diseases.

ImmuPharma, together with its US licencing partner Avion Pharmaceuticals, said it would be progressing Lupuzor into a new optimised international phase 3 trial this year in lupus patients.

Given the findings of the Atlanta research group, the company suggested that Lupuzor could help to reduce, or perhaps prevent, the occurrence of the cytokine storm seen in Covid-19 patients.

It said further exploratory work was ongoing to assess Lupuzor's possible potential and clinical program in Covid-19 patients.

"As the Covid-19 pandemic has unfolded, ImmuPharma has been evaluating how it can best contribute its expertise and resources to help in the global response," said chief executive officer Dimitri Dimitriou.

"Using our longstanding knowledge of peptide based technology, provides us with a number of opportunities, to help bring together a therapy that could be effective against the inflammation that causes the serious complications of Covid-19.

"We look forward to providing further updates when appropriate."

At 1515 BST, shares in ImmuPharma were up 22% at 17.45p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Immupharma Market Data

Currency UK Pounds
Share Price 3.45p
Change Today 0.000p
% Change 0.00 %
52 Week High 5.90
52 Week Low 1.09
Volume 428,990
Shares Issued 499.72m
Market Cap £17.24m
Beta 0.05
RiskGrade 328

Immupharma Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
74.68% below the market average74.68% below the market average74.68% below the market average74.68% below the market average74.68% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
91.99% above the market average91.99% above the market average91.99% above the market average91.99% above the market average91.99% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income Not Available
Growth Not Available

Immupharma Dividends

No dividends found

Trades for 13-May-2025

Time Volume / Share Price
12:39 597 @ 3.35p
12:08 75,000 @ 3.23p
12:01 25,000 @ 3.23p
10:52 2,647 @ 3.50p
10:02 524 @ 3.51p

Immupharma Key Personnel

CEO Timothy Paul McCarthy

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