Redeye provides a research update following the Q1 report published by Lipum earlier today. While the report did not include any major surprises, we focus on the recent events surrounding the company. With a bolstered cash position following the recent rights issue, Lipum is set to initiate preparations for the upcoming phase II trials. We reiterate our valuation of Lipum with a base case of SEK15.

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Lipum Q1 - Initiating preparations for phase II

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