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flag ImmuPharma shares fell 13% after a quarterly loss and negative return on equity, despite developing a lupus drug.

flag ImmuPharma (LON:IMM) shares dropped around 13% on Monday, closing at GBX 9.05 amid heightened trading volume, following a quarterly loss of GBX 0.38 per share and a negative return on equity of 131.41%. flag The company, developing P140 (Lupuzor™) for lupus and autoimmune diseases, faces projected annual losses of about -339.00 per share. flag With a market cap of roughly £44 million and a beta of 1.53, the stock remains volatile, trading above its 50-day and 200-day moving averages.

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