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The management team at Onyx Scientific, which provides chemical services to the pharmaceutical industry, has bought the business for £6 million.
Pharmaceutical group China Medical System Holdings (CMSH) commenced trading on AIM this week. Its placing price was 138p and it is now trading around 146p.
Syntropharma, which develops existing drug compounds, has raised more than £1 million from a consortium of investors in its first funding round.