Statement re. Suspension
July 03 2008 - 8:15AM
UK Regulatory
RNS Number : 2711Y
Phoqus Pharmaceuticals PLC
03 July 2008
Suspension of trading in shares
West Malling, UK, 3 July 2008: Phoqus Pharmaceuticals plc ("Phoqus" or the "Company (LSE: PQS) announces that, at its request, trading
in the Company's ordinary shares is to be suspended with effect from 2.15 pm on Thursday 3 July 2008.
The Company has over recent months been in discussions with several third parties with a view to seeking a commercial partner for its
lead product Chronocort�. The Board of Phoqus has now concluded that these discussions have effectively ceased without success. In light of
this, the Board of Phoqus is taking advice and is considering the financial position of the Company and all of the options available to it.
Further announcements will be made in due course.
Enquiries:
Phoqus Pharmaceuticals plc Tel: 01732 870227
Dr Richard Mason
Dr Peter Johnson
Nomura Code Securities Limited Tel: 020 7776 1200
Phil Walker
Juliet Thompson
This information is provided by RNS
The company news service from the London Stock Exchange
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