RNS Number:2954Y
Immupharma PLC
13 June 2007


For Immediate Release                                               13 June 2007


                                 ImmuPharma PLC

                         AGM Statement and Board Update


ImmuPharma PLC (LSE:IMM), ("ImmuPharma" or the "Company"), the specialist drug
discovery and development company, held its AGM earlier today and is pleased to
announce that all resolutions were passed.

Paddy Walker-Taylor, 60, currently part-time finance director, has decided by
mutual agreement with the company to resign his role as director but remain with
the company on a reduced-time basis.

The Board wishes to thank Mr Walker-Taylor for his support during the early
phase of the company and look forward to continuing working together.

Dr. Robert Zimmer, MD, PhD, President & head of R&D, said "we are delighted with
the achievements in our R&D activities and in particular, the progress in the
preparation of the phase II/III in the US and Europe, for which we hope to
submit the file to the FDA in the next few weeks with the view of starting the
phase II/III trial later this year."


For further information please contact:

ImmuPharma PLC:
Dimitri Dimitriou, Chief Executive                     +44 20 7152 4080
Officer
Richard Warr, Chairman                                 +44 20 7152 4080
Dr Robert Zimmer, President & Chief                   + 33 389 32 76 50
Scientific Officer

Buchanan Communications                               + 44 20 7466 5000
Lisa Baderoon
Rebecca Skye Dietrich


Notes to Editors:


About ImmuPharma

ImmuPharma PLC is a drug discovery and development company headquartered in
London, UK and quoted on AIM of the London Stock Exchange (LSE:IMM). It has
research operations in France (ImmuPharma (France) SA) and Switzerland
(ImmuPharma AG). ImmuPharma is dedicated to the development of novel drugs,
largely based on peptide therapeutics, to treat serious medical conditions such
as autoimmune diseases characterised by:

*      blockbuster potential in niche markets

*      low promotional costs in few specialised physicians and centres and

*      lower risk of drug development and lower development costs

ImmuPharma is a currently developing drug candidates for three different medical
conditions, each of which would represent a significant breakthrough in its
field. The furthest advanced drug candidate targets Lupus, a disease for which
there is currently no cure or specific treatment. The other two address moderate
to severe pain (such as that experienced by cancer sufferers and post-operative
patients), and MRSA and similar severe hospital-acquired resistant infections.

All three have significant sales potential as well as low marketing costs and a
relatively low risk of development failure. One or more have the potential to be
fast-tracked by the US Food and Drug Administration according to "Guidance for
Industry: Fast Track Drug Development Programs - Designation, Development and
Application Review" issued July 2004 and could therefore obtain their market
authorization by 2010.

Key to the potential success of ImmuPharma is its unique collaborative agreement
with Centre National de la Recherche Scientifique, France's scientific research
institution. This agreement grants ImmuPharma worldwide exclusive rights to
exploit certain key discoveries.

In addition to its three leading drug candidates, ImmuPharma has a drug
development pipeline using its rights to a virtual chemical library of hundreds
of thousands of molecules as well as an innovative technology for converting
peptides to drug candidates.

ImmuPharma has the option to commercialise its assets itself or to license them
to other pharmaceutical companies at an earlier stage.


The products


Treatment of Lupus (IPP-201101)

This is a long-term treatment for Lupus, a chronic, life-threatening autoimmune
disease where the immune system attacks healthy cells. There is currently no
cure and existing medications only treat the symptoms whereas ImmuPharma's drug
candidate has the potential to produce remission of the disease in a substantial
proportion of patients.

Based on independent forecasts, the value of ImmuPharma's Lupus drug is
estimated to be "substantial" with peak annual sales forecast to generate in
excess of $4 billion.


Severe pain relief (IPP-102199)

ImmuPharma is developing a potential non-addictive compound for relieving
moderate to severe pain, such as experienced by cancer sufferers and
post-surgical patients. Most existing treatments are derived from the opiate
morphine and tend to have serious side effects. ImmuPharma's new treatment is
based on met-enkephalin, the body's internal analgesic. IPP-102199 is being
developed to have major advantages over morphine such as longer pain relief
duration and reduced side effects. The market for chronic opioids in the US
currently exceeds $3.5 billion and is growing by more than 10 to 20 per cent a
year.


Antibiotic for MRSA and similar highly resistant infections (IPP-203101)

This is a novel antibiotic to combat MRSA and other severe hospital-acquired,
resistant infections which affect some two million people in the US, according
to the US Centers for Disease Control and Prevention. ImmuPharma's drug
candidate is targeted at disrupting the membrane potential of the bacterial
pathogens. It is hoped this novel approach will reduce their potential to become
resistant.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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