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Biotech / Medical : Oxford Biomedica, (OXB).

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To: Oily1 who started this subject6/7/2004 1:20:27 PM
From: Oily1   of 111
 
Acquisition :-

Oxford Biomedica PLC said it has signed an agreement with
Chiron Corporation to acquire certain patent families from Chiron's gene therapy
patent portfolio.
The agreement includes taking assignment of Chiron's interest in a license
agreement with an undisclosed university. Financial terms have not been
disclosed.
Chiron's patent portfolio contains some early gene therapy technology that
complements Oxford BioMedica's substantial gene therapy patent estate, it said.
Under a separate deal Chiron has made an equity investment in Oxford
BioMedica subscribing for a total of 316,026 ordinary shares of 1p each at 17.23
pence per share.
rn
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