Malcolm Young awarded Ernst & Young Innovation Entrepreneur Of The Year 2010


Malcolm Young awarded Ernst & Young Innovation Entrepreneur Of The Year 2010


Press Release 17 June 2009
e-Therapeutics plc (AIM: ETX), the systems biology drug discovery company, announces that on 18 March 2009, the Self Invested Pension Plan of John Cordiner acquired, in aggregate, 5,000 ordinary shares of 0.1p each in the Company (“Ordinary Shares”) at an average price of 34p per share. Following this acquisition, John Cordiner and his Self Invested Pension Plan have in aggregate an interest in 367,060 Ordinary Shares, which represents 0.6 % of the current issued share capital of the Company.
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e-Therapeutics plc
www.etherapeutics.co.uk
Malcolm Young
malcolm@etherapeutics.co.uk
+44 (0) 191 233 1317
WH Ireland
Katy Mitchell
katy.mitchell@wh-ireland.co.uk
+44 (0)113 394 6628
Cornhill Asset Management
Tom Whitehead
tomw@cornhillassetmanagement.com
+44 (0) 20 7645 8327
Andrew Houchin
andrewh@cornhillassetmanagement.com
+44 (0) 20 7743 6468
Abchurch
www.abchurch-group.com
Heather Salmond
heather.salmond@abchurch-group.com
Tel: +44 (0) 20 7398 7704
Stephanie Cuthbert
stephanie.cuthbert@abchurch-group.com
Tel: +44 (0) 20 7398 7718
Simone Alves
simone.alves@abchurch-group.com
Tel: +44 (0) 20 7398 7728
e-Therapeutics plc is a systems biology drug discovery company. It has developed proprietary computational systems to swiftly and accurately analyse and predict how medicines interact with cells in the body. This optimises the probability of identifying drug candidates with desirable efficacy and low toxicity. The Company applies its novel, systematic approach to three areas of activity:
Amongst e-Therapeutics’ pipeline of compounds in development are novel antibiotics that have been shown to kill the “superbug” MRSA, and a novel cancer chemotherapy that has been shown to kill malignant cells at safe doses in a very short time. Other candidate therapies in development are targeted at atherosclerosis, asthma and depression. The Company is currently in negotiation with a number of pharmaceutical companies, and is progressing the preclinical and clinical development of these products.
For further information on e-Therapeutics visit www.etherapeutics.co.uk.