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12:00 AM
Oct 11, 2004
 |  BioCentury  |  Strategy

Breathing on revenues

Etiologics Ltd. and Argenta Discovery Ltd. say last week's all-stock merger brings together the components of a complete drug discovery engine: Argenta's chemistry and Etiologics' biological focus on respiratory diseases. It also provides a revenue stream from Argenta's contract research work for large pharma that the company can use to get from discovery into the clinic.

Etiologics has a series of models for chronic obstructive pulmonary disease (COPD) and compounds in the research stage, said Stephen Readers, investment manager with MVM, which...

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