BNO bionomics limited
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bionomics’ acquisition of iliad chemicals

  1. Dknow
    1,388 Posts.
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    25/05/05
    10:23
    Post #: 920897
    ASX ANNOUNCEMENT
    25 May 2005

    BIONOMICS’ ACQUISITION OF ILIAD CHEMICALS

    • Acquisition of Iliad Chemicals to deliver advanced lead drug candidates in Bionomics’ focus areas of central nervous system (CNS) disorders and cancer.
    • Integration of Bionomics’ biological expertise with Iliad’s proprietary chemistry platform and chemistry team.
    • Key plank in Bionomics’ accelerated development strategy.
    • Iliad Chemicals acquired for 40.9 million Bionomics shares, with potential milestone payment of a further 13.6 million shares.
    • Bionomics completes A$6 million capital raising supported by Iliad shareholders.
    BNO Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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