Result of AGM
July 24 2009 - 9:52AM
UK Regulatory
TIDMLPX
RNS Number : 2753W
Lipoxen PLC
24 July 2009
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| For immediate release | 24 July 2009 |
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Lipoxen plc
('Lipoxen' or 'the Company')
Result of Annual General Meeting
Lipoxen plc (AIM: LPX), a bio-pharmaceutical company specialising in the
development of high-value differentiated biologicals, vaccines and siRNA
delivery, announces that at its 2009 Annual General Meeting which was held at
2.30pm today, all resolutions put to shareholders were duly passed.
- Ends -
For further information please contact:
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| Lipoxen plc | +44 (0)20 7389 5015 |
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| M. Scott Maguire, Chief Executive Officer | |
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| | |
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| Singer Capital Markets (nominated adviser) | +44 (0)20 3205 7500 |
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| Jeff Keating / Claes SpÄng | |
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| | |
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| Noble & Company | +44 (0) 20 7763 2200 |
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| John Llewellyn-Lloyd / Sam Reynolds | |
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| | |
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| Buchanan Communications | +44 (0)20 7466 5000 |
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| Mary-Jane Elliott, Lisa Baderoon, Rebecca Skye | |
| Dietrich, Catherine Breen | |
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Notes for Editors
About Lipoxen
Lipoxen plc is a biopharmaceutical company focused on the development of new and
improved biologic drugs and vaccines. Lipoxen has three proprietary patented
technology platforms:
1) PolyXen - for extending the efficacy and half life of biologic drugs
2) ImuXen - for creating new vaccines and improving existing vaccines
3) SiRNAblate - for the delivery of siRNA
Lipoxen's technology is designed to improve the efficacy, safety, stability,
biological half-life and immunologic characteristics of its products.
Lipoxen has multiple drug and vaccine programmes in development. Two products
are in clinical development, SuliXen, a long acting insulin and ErepoXen, a
long-acting erythropoietin (EPO). Lipoxen's preclinical pipeline includes
vaccines against HIV, influenza and malaria and Factor VIII through an exclusive
license with Baxter, the global healthcare company.
The Company has a low-risk business model and out-licenses its proprietary
technologies to biopharmaceutical companies that have strong manufacturing and
marketing capabilities. Lipoxen currently has commercial agreements with some of
the world's leading biotechnology and pharmaceutical companies including Baxter,
Schering-Plough, Sanofi-Aventis, the Serum Institute of India Limited,
Genentech, Amgen and Genzyme. Furthermore, Baxter led the GBP2.9 million
fundraising that the Company announced in May 2009, with a US$1 million
investment.
Lipoxen, which was founded in 1997, now trades on the AIM Market of the London
Stock Exchange under the ticker symbol LPX. More information can be found at the
Company's website: www.lipoxen.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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