Chiroscience

UK biotechnology company From Wikipedia, the free encyclopedia

Chiroscience Group Plc was a British-based biotech company, founded by Christopher Evans. The company was taken over by Celltech in 1999,[3] which was acquired in 2004 by UCB.

FormerlyChiros
formerly on the London Stock Exchange
Founded1991; 35 years ago (1991)[1]
Founder
Quick facts Formerly, Traded as ...
Chiroscience Group Plc
FormerlyChiros
formerly on the London Stock Exchange
Founded1991; 35 years ago (1991)[1]
Founder
Defunct1999 (1999)
FateAcquired by Celltech
Key people
John Padfield CEO, 1996[2]
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History

Chiroscience was born from the demise of the company Enzymatix, which was ultimately acquired by Genzyme,[4] when Andrew Richards joined the company and convinced Evans and Peter Keen to launch Chiros, name of which was quickly revised to Chrioscience.[3] Seed funding for the company of £3 million was provided by Schroder Ventures, Apax and 3i.[3] Chiroscience became one of the first biotechnology Initial Public Offerings in the United Kingdom in 1994.[3]

In 1996, the company merged with the American biotech company Darwin Molecular Corporation, based in Cambridge, Massachusetts, retaining Chiroscience as its name.[2]

By the time of its merger with Celltech in 1999,[5] both Chris Evans and Peter Keen had left the company, leaving Andrew Richards as the sole remaining founder and original board member.[3]

See also

References and notes

Further reading

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