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Chiroscience

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.

Chiroscience Group Plc
FormerlyChiros
formerly on the London Stock Exchange
Founded1991; 33 years ago (1991)[1]
Founder
Defunct1999 (1999)
FateAcquired by Celltech
Key people
John Padfield CEO, 1996[2]

History edit

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, which name 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 member of the original management board.[3]

See also edit

References and notes edit

  1. ^ Start year has been reported also as 1992. See Springett 1996 citation.
  2. ^ a b Springett, Pauline (November 21, 1996). "Chiroscience buys Darwin". The Guardian. p. 22. Retrieved December 24, 2018 – via Newspapers.com.
  3. ^ a b c d e f Quested, Tony (June 7, 2015). "Cream of life science entrepreneurs' first venture was selling doughnuts". Business Weekly. Cambridge, England: Q Communications. Retrieved December 24, 2018.
  4. ^ "Genzyme Corp". International Directory of Company Histories. 2006 – via Encyclopedia.com.
  5. ^ The companies were of roughly equal valuation when the merger took place.
  6. ^ "Focus Chiroscience". The Guardian. London, England: Guardian Newspapers, Ltd. May 7, 1999. Retrieved December 24, 2018.
  7. ^ Choi, Audrey (November 16, 1995). "Research is taming the 'bad side' of medicines". Honolulu Star-Bulletin. Vol. 84, no. 274. Originally from The Wall Street Journal. p. A-9. Retrieved December 24, 2018.

Further reading edit

  • Datastream (May 8, 1996). "Chiroscience on the up". The Guardian. London, England. p. 21. Retrieved December 24, 2018 – via Newspapers.com. This shows performance of stock from May 1995 to May 1996.
  • Murphy, Paul (April 26, 1996). "Market report". The Guardian. London, England. p. 20. Retrieved December 24, 2018 – via Newspapers.com. On Mr. Buffet's terms, Chiroscience is nothing more than a bag of dreams. Contains a graphic showing company stock performance across 1994 to 1996.

External links edit


chiroscience, group, british, based, biotech, company, founded, christopher, evans, company, taken, over, celltech, 1999, which, acquired, 2004, group, plcformerlychirostraded, asformerly, london, stock, exchangefounded1991, years, 1991, founderandrew, richard. 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 Chiroscience Group PlcFormerlyChirosTraded asformerly on the London Stock ExchangeFounded1991 33 years ago 1991 1 FounderAndrew RichardsPeter KeenChris EvansDefunct1999 1999 FateAcquired by CelltechKey peopleJohn Padfield CEO 1996 2 Contents 1 History 2 See also 3 References and notes 4 Further reading 5 External linksHistory editChiroscience 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 which name 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 member of the original management board 3 See also editChirocaine an anesthetic developed by Chiroscience 6 7 Romosozumab discovered by Chiroscience before its acquisition by Celltech 3 Pharmaceutical industry in the United KingdomReferences and notes edit Start year has been reported also as 1992 See Springett 1996 citation a b Springett Pauline November 21 1996 Chiroscience buys Darwin The Guardian p 22 Retrieved December 24 2018 via Newspapers com a b c d e f Quested Tony June 7 2015 Cream of life science entrepreneurs first venture was selling doughnuts Business Weekly Cambridge England Q Communications Retrieved December 24 2018 Genzyme Corp International Directory of Company Histories 2006 via Encyclopedia com The companies were of roughly equal valuation when the merger took place Focus Chiroscience The Guardian London England Guardian Newspapers Ltd May 7 1999 Retrieved December 24 2018 Choi Audrey November 16 1995 Research is taming the bad side of medicines Honolulu Star Bulletin Vol 84 no 274 Originally from The Wall Street Journal p A 9 Retrieved December 24 2018 Further reading editDatastream May 8 1996 Chiroscience on the up The Guardian London England p 21 Retrieved December 24 2018 via Newspapers com This shows performance of stock from May 1995 to May 1996 Murphy Paul April 26 1996 Market report The Guardian London England p 20 Retrieved December 24 2018 via Newspapers com On Mr Buffet s terms Chiroscience is nothing more than a bag of dreams Contains a graphic showing company stock performance across 1994 to 1996 External links editUCB Group website Archived October 4 2006 at the Wayback Machine nbsp This article about a medical pharmaceutical or biotechnological corporation or company is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Chiroscience amp oldid 1188235337, wikipedia, wiki, book, books, library,

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