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Realm up 10% on shareholder OK on asset disposal

Mar. 15, 2019 11:34 AM ETRealm Therapeutics plc (RLM) StockBy: Douglas W. House, SA News Editor
  • Thinly traded nano cap Realm Therapeutics (NASDAQ:RLM +9.6%) is up, albeit on only 3,300 shares, following its announcement that shareholders have voted in favor of its proposed asset disposal to Urgo, U.S. The transaction should close on March 28.
  • Shares will also be delisted from London stock exchange (AIM) on March 27.
  • The company imploded after lead candidate PR022 failed to beat placebo in a mid-stage eczema study.

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