Celltech

Celltech Group plc was a leading British-based biotechnology business based in Slough. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index.

Celltech Group
Public
IndustryBiotechnology
FateAcquired
SuccessorUCB
Founded1980
Defunct2004
HeadquartersSlough, UK
Key people
Goran Ando (CEO)

History

The Company was founded by Gerard Fairtlough in 1980 with finance from the National Enterprise Board.[1]

In 1999 the Company led consolidation in the UK biosciences market merging with Chiroscience plc, after which it was briefly referred to as Celltech Chiroscience,[2][3] and then buying Medeva plc.[4] Then in 2000 it bought Cistron, a US biosciences business.[5] It expanded into Germany in 2001 buying Thiemann, a German biosciences business,[6] and went on to buy Oxford Glycosciences in July 2003 for £102m.[7] Celltech was acquired by UCB, a Belgian drugmaker, in 2004.[8] Since then it has been known as UCB Celltech.

Operations

The Company was engaged in research and development of therapies for patients with serious diseases. Products included:[9]

See also

References

  1. Pharmatelevision
  2. Macalister, Terry (January 19, 2000). "Biotech sector finds new life". The Guardian. London, England: Guardian Newspapers Ltd. p. 27. Retrieved December 24, 2018 via Newspapers.com.
  3. Finch, Julia (June 16, 1999). "£700m merger fuels biotech 'arms race'". The Guardian. London, England. p. 21. Retrieved December 24, 2018 via Newspapers.com.
  4. UK Biotech Industry Consolidates As Celltech Buys Medeva for $915m
  5. UK's Celltech Buys Cistron of the US
  6. Celltech acquires German sales and marketing firm Thiemann for $44.6 mill
  7. ISIS Archived September 17, 2014, at the Wayback Machine
  8. "Celltech sold to Belgian firm in £1.5bn deal". The Guardian. 18 May 2004.
  9. Businessweek: Celltech Group Archived September 8, 2012, at the Wayback Machine
  10. Damle, NK; Frost, P (August 2003). "Antibody-targeted chemotherapy with immunoconjugates of calicheamicin". Current Opinion in Pharmacology. 3 (4): 386–90. doi:10.1016/S1471-4892(03)00083-3. PMID 12901947.
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