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,<ref name=":0" /> which was acquired in 2004 by UCB.
History
Chiroscience was born from the demise of the company Enzymatix, which was ultimately acquired by Genzyme,<ref>Template:Cite encyclopedia</ref> when Andrew Richards joined the company and convinced Evans and Peter Keen to launch Chiros, name of which was quickly revised to Chrioscience.<ref name=":0">Template:Cite news</ref> Seed funding for the company of Template:GBP was provided by Schroder Ventures, Apax and 3i.<ref name=":0" /> Chiroscience became one of the first biotechnology Initial Public Offerings in the United Kingdom in 1994.<ref name=":0" />
In 1996, the company merged with the American biotech company Darwin Molecular Corporation, based in Cambridge, Massachusetts, retaining Chiroscience as its name.<ref name="springett1996">Template:Cite news</ref>
By the time of its merger with Celltech in 1999,<ref>The companies were of roughly equal valuation when the merger took place.</ref> both Chris Evans and Peter Keen had left the company, leaving Andrew Richards as the sole remaining founder and original board member.<ref name=":0" />
See also
- Chirocaine, an anesthetic developed by Chiroscience<ref>Template:Cite news</ref><ref>Template:Cite news</ref>
- Romosozumab, discovered by Chiroscience before its acquisition by Celltech<ref name=":0" />
- Pharmaceutical industry in the United Kingdom
References and notes
Further reading
- Template:Cite news This shows performance of stock from May 1995 to May 1996.
- Template:Cite news Contains a graphic showing company stock performance across 1994 to 1996.
External links
Template:Pharmaceutical and biotechnology industry in the United Kingdom