Selected Transactions

£38 million Placing and Open Offer. Acquisition of MacroMed, Inc., In-licence from Glenveigh and In-licence of Acadesine Dec 2006	£130m Takeover offer from Vectura Group plc	£50 million Initial Public Offering Feb 2006
£20 million Acquisition of Serotec January 2006	£50 million Initial Public Offering January 2006	£16 million Initial Public Offering January 2006
£30 million Initial Public Offering June 2006	£10 million Initial Public Offering May 2006	£12m Initial Public Offering July 2006
£46m Disposal of Healthcare Unit to Ratos AB Aug 2006