MPs extend British Biotech inquiry

LONDON - Members of the U.K. House of Commons Select Committee on Science & Technology are to give up some of their summer holidays to continue their investigation into the Millargate affair. Peter Lewis, the former research director at British Biotech plc (LSE:BBG; BBIOY) has been asked to testify at hearings planned next week.

The decision to extend the hearings - the committee had originally penciled in time for two meetings - was taken after last week's testimony from Goldman Sachs analyst Jane Henderson, representatives of Perpetual plc and representatives of Dresdner Kleinwort Benson. Committee member Ian Gibson told BioCentury that he and his colleagues would continue the inquiry because the evidence that they have been given "does not quite all add up."...