Peplin completes Neosil buy

By Staff Writers
Monday, 20 October, 2008

Peplin has completed its US$6.7 million purchase of private dermatology company Neosil.

The Brisbane biotech issued shares iin common stock in exchange for all equity interests in Neosil, which is developing a topical hair growth product and a broad-spectrum topical anti-microbial agent for acne.

Peplin shareholders have also approved a private placement of stock to raise US$24 million to help fund its Phase III trial of PEP005, a topical gel for sun spots.

Related News

Genetics shape our personality and life outcomes more than we thought

Scientists have identified more than 1200 genetic variants associated with personality traits,...

High folic acid in pregnancy could cause early bleeding

Women taking at least 800 micrograms of folic acid daily were more likely to report spotting and...

Scientists uncover how cancer cells hide from immune system

By targeting the RNA helicase known as DDX6, scientists could enable the immune system to...


  • All content Copyright © 2026 Westwick-Farrow Pty Ltd