LONDON - Oxford BioMedica plc is acquiring its fellow immunotherapy specialist Oxxon Therapeutics Ltd. in an all-paper deal that values Oxxon at £12 million (US$23.3 million). In addition to six clinical stage products, the deal brings Oxford BioMedica £3 million in cash. (BioWorld International)
LONDON - Neuropharm Group plc raised £20 million (US$38.4 million) in a listing on London's Alternative Investment Market, enabling it to attempt to take Prozac as a treatment for autism through to market and advance the clinical development of three other products for treating pediatric central nervous system disorders. (BioWorld International)