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Five small caps, one clean quarter: milestones logged across the AIM board

8/10/2026

Five small-cap companies posted substantive updates this week, with the batch spanning a completed clinical outsourcing team at ImmuPharma PLC (AIM:IMM), a pending patent at ValiRx PLC (AIM:VAL), copper drill hits at Tertiary Minerals PLC (AIM:TYM), a sharp production quarter at Caledonia Mining Corporation PLC (AIM:CMCL), and a governance wrinkle at Sintana Energy Inc (AIM:SEI).

The case for each rests on what comes after the announcement. That distance varies considerably across this group.

Pipeline steps at ImmuPharma and ValiRx ImmuPharma has signed Kymos Group as its bioanalytical partner for Kapiglucagon, a diabetes drug candidate.

That appointment completes the outsourced team the company says it needs to file for human trials in the United States. The filing is not yet submitted.

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