Australia's Immutep drops as Lucy Turnbull quits board

Immutep

11/04/2023 01:58

** Shares of Immutep Ltd  IMM.AX  drop as much as 3.3% to
A$0.145, their biggest intraday pct drop since March 27 
    ** Biotech co says Lucy Turnbull, a politician and wife of
former Australian prime minister Malcolm Turnbull, has left the
co's board
    ** IMM says Turnbull will be replaced by Lis Boyce, a lawyer
with experience in life sciences and healthcare sectors, who is
currently deputy chair of the AusBiotech's AusMedtech Advisory
Group
    ** Turnbull, who served as IMM's chair from Oct 2010 to Nov
2017, re-joined as a non-executive director following the death
of Grant Chamberlain, a non-executive director
    ** IMM up 3.5% this year, as of last close

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))