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ImmuPharma waits on news

RESULT: ImmuPharma is forced to play a waiting game as the fate of its work with development partner Cephalon hangs in the balance
September 30, 2011

Enforced inactivity is the order of the day at ImmuPharma as it is forced to watch from the sidelines as its US development partner, Cephalon, is devoured by Israeli generic medicines specialist Teva. The Teva raid on Cephalon has created uncertainty as to what happens with the development of Lupuzor, ImmuPharma's treatment for lupus, which was being funded by Cephalon's milestone payments. Management said an update on the programme would happen by the end of the year when the takeover formalities have been completed.

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