BRIEF-Immune Pharmaceuticals Says Board Will Not Pursue Spin-Off Of Cytovia Unit [Reuters]
IMMUNE PHARMACEUTICALS INC NE (IMNP)
US:NASDAQ Investor Relations:
immunepharma.com/investor-relations
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Source: Reuters
BRIEF-Immune Pharmaceuticals Says Board Will Not Pursue Spin-Off Of Cytovia Unit | Reuters Reuters Staff 1 Min Read May 7 (Reuters) - Immune Pharmaceuticals Inc: * IMMUNE PHARMACEUTICALS PROVIDES UPDATE ON PLANS FOR ONCOLOGY SUBSIDIARY, CYTOVIA, INC. * IMMUNE PHARMACEUTICALS INC - COMPANY’S BOARD WILL NO LONGER PURSUE A SPIN-OFF OF ITS ONCOLOGY-FOCUSED SUBSIDIARY, CYTOVIA INC * IMMUNE PHARMACEUTICALS - DANIEL TEPER HAS RESIGNED AS CEO OF CYTOVIA AND FROM BOARD OF DIRECTORS OF BOTH CYTOVIA AND IMMUNE, EFFECTIVE IMMEDIATELY * IMMUNE PHARMACEUTICALS INC - CYTOVIA INC HAD BEEN LED BY IMMUNE’S FOUNDER AND FORMER CHIEF EXECUTIVE OFFICER DANIEL TEPER * IMMUNE PHARMACEUTICALS INC - HAS INITIATED DISCUSSIONS WITH PARTIES POTENTIALLY INTERESTED IN ACQUIRING CERTAIN OF CYTOVIA’S ASSETS * IMMUNE PHARMACEUTICALS INC - IMMUNE WILL CONTINUE TO FOCUS ITS EFFORTS AND RESOURCES ON DEVELOPMENT OF ITS CORE PROGRAMS, BERTILIMUMAB AND NANOCYCLO Source text for Eikon: Further company coverage: All quotes d
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