Dolly the Sheep Firm May Be Saved From Abattoir As Second Bidder Enters the Fray

The HeraldApril 30, 2004

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Summary


A SECOND bidder has entered the fray for what remains of PPL Therapeutics, the beleaguered former biotechnology pioneer.

The company revealed the approach yesterday as it unveiled a post- tax loss of (pounds) 16.5m for calendar 2003, compared with (pounds) 18.6m loss the previous year. Income, including grants and the sale of intellectual property, was unchanged on 2002 at (pounds) 1.2m.

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Dolly the Sheep Firm May Be Saved From Abattoir As Second Bidder Enters the Fray

Edinburgh-based PPL, which has been selling off its remaining assets, said several weeks ago that ...

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