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Peptech acquires EvoGenix

Peptech Animal Health's parent company, Peptech Ltd, is acquiring EvoGenix, a biotechnology firm that develops antibody therapeutics for the treatment of inflammatory diseases, bone disease and cancer. The merged companies will be led by Peptech chief executive Dr John Chiplin and a board of directors from both companies. After the acquisition, for which Peptech is paying Au$156, the company plans to use its strong financial position to fast-track product development.


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