By Michael Susin

 

Shares in ImmuPharma PLC rose on Wednesday after the company said that its lupus treatment Lupuzor is on final preparations to enter into a Phase 3 clinical trial.

Shares at 0727 GMT were up 0.6 pence, or 8.7%, at 7.0 pence.

The London-listed drug discovery and development company said its U.S. partner Avion Pharmaceuticals has requested final guidance from the U.S. Food & Drug Administration to commence the last stage clinical studies.

The company said Phase 1 studies required by the FDA showed that the treatment "was safe and well tolerated across all doses and in all subjects".

 

Write to Michael Susin at michael.susin@wsj.com

 

(END) Dow Jones Newswires

May 04, 2022 04:04 ET (08:04 GMT)

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