OMG takes pounds 2.5m antibiotics stake

Sunday 28 June 1998 19:02 EDT

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OMG takes pounds 2.5m antibiotics stake

OXFORD Molecular Group (OMG), the provider of IT and drug discovery research services to the biotechnology and pharmaceutical industries, is investing pounds 2.5m in MicroGenics, a new company aimed at speeding up the development of antibiotics. The company was formed by Professor Jeff Errington of the University of Oxford. The professor, the university and OMG will have stakes in the company.

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