02 April 2024
ImmuPharma PLC
("ImmuPharma" or the
"Company")
New
intellectual property strategy initiated
to
significantly enhance patent life and commercial value for P140
technology platform
ImmuPharma PLC (LSE AIM: IMM), the
specialist drug discovery and development company, is pleased to
announce that it has initiated a new
intellectual property strategy to significantly enhance the patent
life and commercial value for its P140 technology
platform.
P140 is ImmuPharma's technology
platform for its portfolio in autoimmune diseases. This comprises
the lead indication commencing a Phase 3 clinical study in systemic
lupus erythematosus ("SLE") and the second indication, in
preparation for a Phase 2/3 adaptive clinical study in
chronic idiopathic demyelinating polyneuropathy
("CIDP").
New insights into the P140
technology lends itself to expanding the current patent portfolio.
This new patent initiative will strengthen the commercial value of
P140 and add to the positive engagement we
are already experiencing in discussions with a broad range of
potential commercial partners on SLE and CIDP.
New patents will not only
significantly enhance the patent protection for P140 in SLE and
CIDP but will also support patient studies in other
auto-immune/inflammatory diseases and release further value from
the P140 technology platform.
Commenting on the announcement, Tim McCarthy, CEO of
ImmuPharma, said:
"This is an important new initiative which will greatly
improve the intellectual property protection for our P140
technology platform and extend its patent life significantly. This
in turn creates greater shareholder value and it is particularly
pertinent as we progress discussions with a broad range of
potential commercial partners on both the SLE and CIDP
programs."
This announcement contains inside information as stipulated
under the UK version of the Market Abuse Regulation no 596/2014
which is part of English law by virtue of the European (withdrawal)
Act 2018, as amended. On publication of this announcement via
a regulatory information service, this information is considered to
be in the public domain.
For further information please
contact:
ImmuPharma PLC (www.immupharma.co.uk)
Tim McCarthy, Chief Executive
Officer
Lisa Baderoon, Head of Investor
Relations
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+44 (0) 207 206 2650
+ 44 (0) 7721 413496
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SPARK Advisory Partners Limited (NOMAD)
Neil Baldwin
Stanford Capital Partners (Joint Broker)
Patrick Claridge, Bob
Pountney
SI
Capital (Joint Broker)
Nick Emerson
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+44 (0) 203
368 3550
+44 (0) 203 650 3650
+44 (0) 1483 413500
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Notes to Editors
About ImmuPharma PLC
ImmuPharma PLC (LSE AIM: IMM) is a
specialty biopharmaceutical company that discovers and develops
peptide-based therapeutics. The Company's portfolio includes novel
peptide therapeutics for autoimmune diseases and anti-infectives.
The lead program, P140 (Lupuzor™), is a first-in class autophagy
immunomodulator for the treatment of Lupus and preclinical analysis
suggest therapeutic activity for many other autoimmune diseases
that share the same autophagy mechanism of action.
For additional information about
ImmuPharma please visit www.immupharma.co.uk
ImmuPharma's LEI (Legal Entity
Identifier) code : 213800VZKGHXC7VUS895.
About Lupus (Systemic Lupus
Erythematosus / SLE)
Lupus is a chronic inflammatory
disease which is thought to affect some 16 million individuals
worldwide. The current standard of care still consists of steroid
and anti-malarial therapies which many have side-effects and poor
response in many patients. Recently more targeted monoclonal
therapies are GlaxoSmithKline's Benlysta and more recently,
AstraZeneca's Saphnelo. There still exists a high unmet medical
need for a drug that has a strong efficacy and safety
profile.
About CIDP (Chronic Idiopathic
Demyelinating Polyneuropathy)
CIDP is a rare acquired autoimmune
disorder of peripheral nerves which is thought to affect some
90,000individuals across US/Europe. It is a rare neurological
disorder characterized by progressive weakness and impaired sensory
function in the legs and arms. CIDP related
disability may be substantial. In addition to the physical burdens
imposed by the disease, those affected by CIDP also frequently
experience economic and emotional hardship and are often burdened
not only by the disease but also by the immunotherapies used to
treat the disease. Other than intravenous (IVIG) and subcutaneous
immunoglobulin (SCIG), corticosteroids and plasma exchange are the
only other treatment options. There is still a huge unmet need for
more efficacious drugs that are safer, and which affect underlying
disease progression.