Immupharma PLC Board Appointment (4355F)
July 16 2021 - 2:00AM
UK Regulatory
TIDMIMM
RNS Number : 4355F
Immupharma PLC
16 July 2021
16 July 2021
ImmuPharma PLC
("ImmuPharma" or the "Company")
BOARD APPOINTMENT
ImmuPharma PLC (LSE:IMM) | Euronext Growth Brussels: ALIMM), the
specialist drug discovery and development company, is delighted to
announce the appointment of Dr Tim Franklin, Chief Operating
Officer, to the Board of Directors.
Tim has worked with ImmuPharma for over three years, initially
as a consultant and more recently was appointed as Chief Operating
Officer in November 2020. Tim's key responsibilities include
working closely with ImmuPharma's clinical team and scientific
advisors, as the Company looks to further progress its wider drug
development portfolio, both through clinical development and
partnering opportunities.
In addition, Tim will lead the relationship with Avion
Pharmaceuticals, as the Company advances Lupuzor(TM) through its
Phase 3 trial and regulatory processes involved in the ultimate
approval of the drug.
Tim has over 30 years' experience in the biopharmaceutical
industry. He worked in clinical research, sales & marketing,
and global strategic marketing for Warner Lambert, Wellcome and
SmithKline Beecham. He later moved to the capital markets where he
became a top-ranked pharmaceuticals analyst at Dresdner Kleinwort
investment bank. He applied his experience to stock selection at
hedge funds and advised several small biotechnology companies on
corporate and commercial strategy and access to capital. He holds a
BSc in Medicinal Chemistry and a PhD in Pharmacology from
Loughborough University and an MBA from Warwick Business
School.
Commenting on the appointment, Tim McCarthy, Chairman said: "It
is a pleasure to welcome Tim onto the Board of Directors. Tim has
made an invaluable contribution to ImmuPharma over the last three
years. During this time, he played a key role in negotiations,
which resulted in the successful conclusion of the licensing deal
with Avion Pharmaceuticals, our partner for Lupuzor(TM), which is
now close to embarking on its international Phase 3 trial. His
extensive pharmaceutical and capital markets experience will
contribute enormously to the team as we look to move into the next
phase of our journey for the Company."
End
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.
The following information is disclosed pursuant to Rule 17 and
Schedule Two paragraph (g) of the AIM Rules for Companies in
relation to Timothy Gary Franklin (aged 57).
Current Directorships Past Directorships held within
last 5 years
None Zalzana Limited
SynDermix AG
Dr Tim Franklin currently holds 1.5 million options over
ordinary shares in the Company.
Save as disclosed above there are no additional disclosures to
be made in accordance with Rule 17 or Schedule Two paragraph (g) of
the AIM Rules for Companies in respect of the appointment of Dr Tim
Franklin.
For further information please contact:
ImmuPharma PLC ( www.immupharma.com )
Tim McCarthy, Chairman + 44 (0) 207 152 4080
Dimitri Dimitriou, Chief Executive Officer
Lisa Baderoon, Head of Investor Relations + 44 (0) 7721 413496
SPARK Advisory Partners Limited (NOMAD)
Neil Baldwin
Stanford Capital Partners (Joint Broker) +44 (0) 203 36 8 3550
Patrick Claridge
John Howes
Bob Pountney +44 (0) 203 815 8880
SI Capital (Joint Broker)
Nick Emerson +44 (0) 1483 413500
4Reliance (Euronext Growth Listing Sponsor) +32 (0) 2 747 02 60
Jean-Charles Snoy
Degroof Petercam (Liquidity Provider) +32 (0) 2 287 95 34
Erik De Clippel
Backstage Communication
Olivier Duquaine +32 (0) 477 504 784
Gunther De Backer +32 (0) 475 903 909
Notes to Editors
About ImmuPharma PLC
ImmuPharma PLC (LSE AIM: IMM - Euronext Growth: ALIMM) is a
specialty biopharmaceutical company that discovers and develops
peptide-based therapeutics. The Company's portfolio includes novel
peptide therapeutics for autoimmune diseases, metabolic diseases,
anti-infectives and cancer. The lead program, Lupuzor(TM), is a
first-in class autophagy immunomodulator which is in Phase 3 for
the treatment of lupus and preclinical analysis suggest therapeutic
activity for many other autoimmune diseases that share the same
autophagy mechanism of action. ImmuPharma and Avion Pharmaceuticals
signed on 28 November 2019, an exclusive licence and development
agreement and trademark agreement for Lupuzor(TM) to fund a new
international Phase 3 trial for Lupuzor(TM) and commercialise in
the US.
For additional information about ImmuPharma please visit
www.immupharma.co.uk
ImmuPharma's LEI (Legal Entity Identifier) code:
213800VZKGHXC7VUS895.
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END
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