Founded Year
1986Stage
Merger | MergedValuation
$0000Latest British Biotech News
Jun 11, 2023
gorodenkoff/iStock via Getty Images Activist investor Starboard Value has taken a stake in UK-based biotech firm Abcam plc (NASDAQ: ABCM ). Starboard Value, led by Jeff Smith, took a stake of about 2% in Abcam ( ABCM ), according to a Sunday Times report . The disclosure comes as Jonathan Milner, founder of Abcam ( ABCM ) and a former director of the company with a 6.3% stake in the biotech firm, last month said he plans to call for an extraordinary general meeting to tr y to win election to the board as executive chairman. Milner is also calling for three of Abcam's board members to be ousted in a letter to investors expected to be published on Sunday, according to the Times report on Saturday. An Abcam ( ABCM ) spokesman reiterated to the Sunday Times that the company offered a board seat to Milner. "We have worked tirelessly and constructively with Dr. Milner, including offering him a seat on the board,'" the Abcam spokesman told the paper. "He wants to regain control of a company he has not been an executive director of for nine years." Starboard Value, known as one of the biggest activist investors in the U.S., has taken stakes in Salesforce ( CRM ), Splunk ( SPLK ) and Wix.com ( WIX ) in the past year. More on Abcam
British Biotech Frequently Asked Questions (FAQ)
When was British Biotech founded?
British Biotech was founded in 1986.
Where is British Biotech's headquarters?
British Biotech's headquarters is located at Watlington Road, Oxford.
What is British Biotech's latest funding round?
British Biotech's latest funding round is Merger.
Who are the investors of British Biotech?
Investors of British Biotech include Vernalis and Domain Associates.
Who are British Biotech's competitors?
Competitors of British Biotech include Intas Pharmaceuticals, Creative Biomolecules, Cylene Pharmaceuticals, Renovis, Embrex and 11 more.
Compare British Biotech to Competitors
Choice Research of Birmingham is a company that manages clinical development trials.
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Indena is a company dedicated to the identification, development and production of active principles derived from plants, for use in the pharmaceutical, health-food and cosmetics industries. Indena, a privately owned Italian company, has around 700 employees, including 10% dedicated to full-time research, aims to manage cultivation, manufacturing, and distribution operations in more than 40 countries throughout the world. The key to Indena's success is its research, covering: the screening of medicinal plants for their pharmacological benefits; the identification of new active principles; and the development of extraction and purification systems at the cutting-edge of industrial application. The phyto-chemical research is carried out in Indena's own Research Center in Settala, Italy. Indena also co-operates with the world's most prestigious universities and private research institutions in the biological assessment of safety and effectiveness up to clinical phase I. One of the main strategic objectives of the research is the development of new active principles for pharmaceutical applications. This is also an indispensable base for the health-food and cosmetics industries. In the pharmaceutical sector Indena is currently focusing on the development of anti-cancer treatments, following the successes of paclitaxel, as well as on anti-microbial and on anti-viral drugs. Also under study are active principles for the treatment of pathologies and dysfunction of the central nervous system, such as depression, anxiety, impotence, sleep disorders, and algesia. Today Indena is also concentrating its efforts on the industrial production of high-quality standardised active principles derived from plants, which are important ingredients in health food products. In fact, the company produces standardised extracts from edible plants that are traditionally recognised as having therapeutic properties, as well as from plants that have proven pharmacological value. Indena's research and production activities are particularly attentive to plant-based principles that have anti-oxidant properties and are effective in preventing damage caused by free radicals. Backed by over 80 years of botanical experience, the Italian company has developed a plantation network, managed by experts, to supply its research and production centers with officinal plants, while at the same time ensuring bio-diversity and protecting the ecosystem balance from uncontrolled harvesting. Today more than 60% of the raw material used in the manufacturing process comes from cultivation. Indena's decades-long global presence in the plant extraction industry is a guarantee of its in-depth knowledge and understanding of the business, market trends and legal considerations, through constant communication and interaction between the company's experts and the major international regulatory authorities such as WHO, EMEA, and ESCOP, and main pharmacopoeias.
Diasome Pharmaceuticals develops hepatocyte-directed vesicle technology. Its cell targeting platform illuminates an understanding of diabetes. The company’s products include Oral HVD-I, a targeted oral insulin in a pill or gel cap dose form; HDV-I, an injectable short-acting insulin; and HDV-B, an injectable basal long-acting insulin. Diasome Pharmaceuticals was founded in 2004 and is based in Cleveland, Ohio.
Fermalogic is engaged in industrial microbiology research and development with specialization in genetic engineering of fermentation microorganisms for the development of new pharmaceutical products and process improvement.
Lifepharms is researching natural products for medicinal and agricultural uses, including anticancer and pox virus medications.