AR-News: (UK) Inveresk bosses cash in on £135m N asdaq windfall

Animalconcerns info at animalconcerns.org
Sat Nov 29 20:29:02 EST 2003


DRUGS firm boss Walter Nimmo, a former Scottish entrepreneur of the year,
has landed a £2.8m windfall after selling part of his stake in the
Nasdaq-listed Inveresk Research. 
...
The share issue, first revealed in Scotland on Sunday on November 9, also
raised £12m in new development capital for Inveresk, which tests drugs on
people and animals for the world’s biggest pharmaceutical groups.
...
Inveresk’s decision to list in the US rather than the UK was partly caused
by fear of attack from animal rights activists who object to its use of
living creatures in experiments. 

full story:
http://www.business.scotsman.com/technology.cfm?id=1317322003

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