Immupharma shares treble on US licence breakthrough
Specialist drug discovery company Immupharma (IMM:AIM) announced a licence and development agreement with US firm Avion Pharmaceuticals LLC for the exclusive rights to its Lupus drug Lupizor in the US, putting a rocket under the shares which have more than trebled this morning to 22.2p from 7.1p last night.A trademark license agreement has also been signed which gives Avion the right to...