Chiroscience
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Chiroscience Group Plc was a British-based biotech company, founded by Christopher Evans. The company was taken over by Celltech in 1999,[1] which was acquired in 2004 by UCB.
History
Chiroscience was born from the demise of the company Enzymatix, which was ultimately acquired by Genzyme,[2] when Andrew Richards joined the company and convinced Evans and Peter Keen to launch Chiros, name of which was quickly revised to Chrioscience.[1] Seed funding for the company of Template:GBP was provided by Schroder Ventures, Apax and 3i.[1] Chiroscience became one of the first biotechnology Initial Public Offerings in the United Kingdom in 1994.[1]
In 1996, the company merged with the American biotech company Darwin Molecular Corporation, based in Cambridge, Massachusetts, retaining Chiroscience as its name.[3]
By the time of its merger with Celltech in 1999,[4] both Chris Evans and Peter Keen had left the company, leaving Andrew Richards as the sole remaining founder and original board member.[1]
See also
- Chirocaine, an anesthetic developed by Chiroscience[5][6]
- Romosozumab, discovered by Chiroscience before its acquisition by Celltech[1]
- Pharmaceutical industry in the United Kingdom
References and notes
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- ↑ The companies were of roughly equal valuation when the merger took place.
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Further reading
- Script error: No such module "citation/CS1". This shows performance of stock from May 1995 to May 1996.
- Script error: No such module "citation/CS1". Contains a graphic showing company stock performance across 1994 to 1996.
External links
- UCB Group website Script error: No such module "webarchive".
Template:Pharmaceutical and biotechnology industry in the United Kingdom