AMSTERDAM Louis Nisbet, founder and chiefexecutive officer of Xenova Plc., a UnitedKingdom drug discovery company, was namedWednesday as winner of the EuropeanBiotechnology Award. It was presented at thesecond European Biotechnology Partneringevent held in Amsterdam, the Netherlands.Nisbet was deemed to have made the mostentrepreneurial achievement in biotechnology inEurope during the past year. In addition topioneering creative approaches to drugdiscovery, Nisbet helped Xenova raise $32.3million in its latest round of financing. It was thelargest financing ever completed in the U.S. by aEuropean biotechnology company.

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