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Astex Pharmaceuticals sold for $886m

last modified Sep 12, 2013 12:43 PM

It has been announced that Astex Pharmaceuticals, co-founded by Sir Tom Blundell in 1999, is to be sold to Japanese company Otsuka Pharmaceutical for $886m. Astex has been developing drugs to treat cancer and uses fragment-based drug discovery, a method under continued development also in the Department. See the story on the University news web site.