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Stock impact report

Van Leeuwenhoeck Institute Updates Immuron Research Coverage

Immuron Limited - American Depositary Shares (IMRN) 
Company Research Source: GlobeNewswire
MELBOURNE, Australia, Nov. 22, 2017 (GLOBE NEWSWIRE) -- Immuron Limited (ASX:IMC) (the “Company”) wishes to advise investors that Van Leeuwenhoeck Institute, a prominent European and US-based Life Sciences Research and Analyst firm (“VLI”), has published an updated Equity Analyst Research Report on the Company and its R&D programs. The report provides a full valuation of Immuron’s Intellectually Property Assets including its current pipeline of development programs. It also highlights the high-growth market opportunity for two key diseases for which Immuron seeks to develop treatments for, Non-Alcoholic Steatohepatitis (NASH) and C. Difficile, referring to the former as a “holy grail” and the latter as “underestimated potential.” The final point within the Report’s Executive Summary states: “Based on our NPV valuation, we believe that Immuron is substantially undervalued at the current share price of AUD$0.18. We have increased our valuation calculation following a rerating Show less Read more
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