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Lipum: A new approach to chronic inflammation - VH Corp

• Addressing a large patient group in need of new treatment alternatives
• Phase I to be concluded in 2024
• We initiate coverage with a fair value of SEK 10.81 per share

Chronic inflammation, such as rheumatoid arthritis, affects millions of people
globally. Available treatment options are often insufficient and new
approaches are much needed. Umeå-based Lipum develops SOL-116, a new way to
treat inflammation. The company expects to conclude the phase I study by late
2024 and plans for the next development step.

Västra Hamnen initiates research coverage of Lipum with a fair value of SEK
10.81 per share.
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