Immune Pharmaceuticals Inc. (NASDAQ: IMNP) announced today that on May 24, 2017, the Company received written notice from Nasdaq that the Company has regained compliance with the minimum bid price rule, as required by a decision of the Nasdaq Hearings Panel dated March 10, 2017. The notice confirmed the Panel's determination to continue the listing of the Company's securities, subject to the filing by the Company of its quarterly report for the period ended March 31, 2017 on or before June 15, 2017.

Previously, Nasdaq notified the Company of deficiencies due to its failure to timely file its annual report on Form 10-K for the year ended December 31, 2016, and in a written notice dated May 23, 2017, Nasdaq informed the Company that it is not in compliance with Nasdaq's filing requirements for continued inclusion set forth in Listing Rule 5250(c)(1) because it had not filed its Form 10-Q for the period ended March 31.

The Company filed its annual report for the year ended December 31, 2016 on May 17, 2017. Shortly thereafter, the Company informed the Panel that it intended to file its quarterly report for the period ended March 31, 2017 no later than June 15, 2017 and thereby regain compliance with the filing rule.

About Immune Pharmaceuticals Inc.

Immune Pharmaceuticals Inc. (NASDAQ: IMNP) is dedicated to alleviating the burden of patients suffering from autoimmune diseases by developing novel immunotherapeutic agents. Immune's lead product candidate, bertilimumab, is in Phase 2 clinical development for bullous pemphigoid, an orphan autoimmune dermatological condition, and for ulcerative colitis. Other potential relevant indications for bertilimumab include atopic dermatitis, Crohn's disease, severe asthma and Non-Alcoholic Steato-Hepatitis (NASH). Also, Immune's pipeline includes topical nano-formulated cyclosporine-A for the treatment of psoriasis and atopic dermatitis and AmiKet™ and AmiKet™ Nano™ for the treatment of neuropathic pain.