IMM 1.47% 34.5¢ immutep limited

commences ind application for cvac

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    Sydney - Tuesday - April 28: (RWE Aust Business News) - Prima
    BioMed Ltd (ASX:PRR) has now commenced its Investigational New Drug (IND)
    application with the US Food and Drug Administration (FDA) for the CVac
    ovarian cancer treatment.
    The granting of Investigational New Drug status is a
    pre-requisite for all new drug applications seeking FDA approval to
    licence a drug for commercial use.
    In the coming weeks Prima will offer the opportunity for eligible
    shareholders to subscribe for new shares in Prima BioMed through a
    further Share Purchase Plan (SPP).
    It is proposed that under the SPP, eligible shareholders will be
    able to subscribe for up to $5,000 in new ordinary shares in Prima and
    the monies raised will be used to help Prima fund its upcoming
    US FDA pivotal trial.
    Shareholders who were issued shares in Prima under the previous
    SPP in December 2008 will be limited from investing further funds under
    the new SPP to the extent that to do so would result in the aggregate
    amount invested by that shareholder exceeding $5,000.
 
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