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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cytomyx Hldgs | LSE:CYX | London | Ordinary Share | GB0033942276 | ORD 2.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.10 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:3800O Cytomyx Holdings PLC 04 July 2005 For immediate release 4th July 2005 CYTOMYX HOLDINGS PLC ("Cytomyx" or "the Company") Notification of New and Specialist Healthcare Investors Cytomyx Holdings PLC (AIM: CYX) is pleased to announce that, following the recent acquisition of Aptus Pharmaceuticals Inc ("Aptus"), three significant investors have notified the Directors of Cytomyx that they have an interest in the Company. Emerging Technology Partners, LLC ("ETP"), a specialist life science venture fund based in Maryland, USA, that provides capital and supports management in life science companies, now owns a 15.9 per cent of the enlarged share capital of Cytomyx. Assuming the second tranche of consideration shares are allotted in full, ETP will own a maximum of 17.2 per cent of the share capital of Cytomyx. Maryland Department of Business and Economic Development and Fujisawa Investments are both former investors in Aptus and now have a respective 3.96 per cent and 3.71 per cent stake in Cytomyx. Notified new interest in Cytomyx: Shareholder Number of ordinary Percentage of issued shares held ordinary share capital ETP/FBR Venture Capital LLC 9,547,740 15.9% Maryland Department of Business and Economic Development 2,375,763 3.96% Fujisawa Investments 2,229,084 3.71% Wei-Wu He Ph.D., General Partner at ETP, commented: "We are very pleased to have become a major investor in Cytomyx through their recent acquisition of Aptus Pharmaceuticals. We believe that the key factor enabling success in the biotechnology industry is the partnership of experienced management, world-class science and visionary financing. At ETP we use our extensive network to bring these critical pieces together, providing a solid foundation for the growth of a company. We believe that Cytomyx can build upon its current world-class technology base and become an important industry participant as it continues to develop new technologies that enhance the productivity of drug discovery research." Mike Kerins, Cytomyx' Chief Executive, said: "I am very pleased to welcome these new shareholders to Cytomyx. Emerging Technology Partners, is a major new shareholder in the Company. ETP is a sophisticated specialist investor in our field and I am very glad that they have recognized the value of our technology and the strength of our team. The proprietary screening technology that we acquired with Aptus Pharmaceuticals will make a significant contribution to our future revenues and is an excellent fit with our current technologies which aim to make drug discovery research more productive." For further information, please contact: Cytomyx Holdings plc +44 (0) 1223 508191 Mike Kerins, Chief Executive Buchanan Communications +44 (0) 20 7466 5000 Mark Court/Mary-Jane Johnson About Cytomyx Holdings plc Cytomyx Holdings plc is a rapidly growing life science company based in Cambridge, UK. The Company's primary focus is on developing novel technologies that assist pharmaceutical and biotechnology companies in their efforts to develop new treatments more effectively. This it does by providing solutions that provide early insights into the likely efficacy and safety profile of new drugs in development. The Company has two main areas of expertise: the use of human clinical samples in understanding the linkage between gene expression and disease and the development of cell-based assays that are used to predict efficacy and potential toxicity in new drugs. Cytomyx is listed on the AIM market of the London Stock Exchange (CYX.L). For more information visit www.cytomyx-holdings.com This information is provided by RNS The company news service from the London Stock Exchange END MSCUASVRVRRBRAR
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