Lipum AB (publ), a biopharmaceutical company, engages in the discovery and development of treatment for chronic inflammatory diseases in Sweden. It is developing SOL-116, a humanized antibody that is in late preclinical phase for the treatment of juvenile idiopathic arthritis and rheumatoid arthritis diseases. Lipum AB (publ) has a collaboration with Pelago Bioscience AB to focus on drug target monitoring during clinical studies of the lead candidate SOL-116; and a collaboration with the Karolinska Institute to explore the role of bile salt-stimulated lipase in the immune system in general and in rheumatoid arthritis in particular. The company was incorporated in 2010 and is based in Umeå, Sweden.
Swedish Market Performance
7D7 Days: 0.6%
3M3 Months: 3.8%
1Y1 Year: 2.5%
YTDYear to Date: 0.7%
In the last week, the market has stayed flat, however the Materials sector stood out, gaining 3.1%. Similarly, the market is flat for the past 12 months. As for the next few years, earnings are expected to grow by 17% per annum. Market details ›
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.