TED Ted Baker Plc

RNS Number:8235Z
Tepnel Life Sciences PLC
09 July 2007



PRESS RELEASE



  Tepnel Life Sciences acquires Wildlife DNA Services and Food DNA Services to
               facilitate its expansion into clinical genotyping


9 July 2007: Tepnel Life Sciences (AIM: TED), the international Molecular
Diagnostics and Research Products and Services group, today announced the
acquisition of laboratory service providers Wildlife DNA Services and Food DNA
Services.

Food DNA Services provides high quality genetic information for identifying food
composition and origins, and will be integrated into Tepnel's existing food
safety business.

Wildlife DNA Services is an established provider of genotyping services,
specifically in the area of wildlife crime investigation and wildlife
conservation.   The acquisition will accelerate Tepnel's entry into the clinical
genotyping market, broadening its service offering to the pharmaceutical
industry.

Tepnel's pharmaceutical services division is relocating to a new
state-of-the-art facility in Livingston, Scotland. The facility will
accommodate Tepnel's protein analysis and genomic testing laboratories as well
as the Company's analytical chemistry, bioanalysis and microbiology facilities.
 It will also be used to develop epigenetic and next generation genotyping
capabilities.  Wildlife DNA Services will be integrated into this high
throughput genotyping service and supply the hands-on expertise necessary to
facilitate Tepnel's entry into the clinical genotyping market place.

Clinical genotyping is a growing area of genetic analysis with the potential to
lead to personalised medicine in the future.  Clinical genotyping works by
linking a patient's genetic makeup to their response to particular drugs,
enabling specialists to establish which treatment will benefit an individual.

Tepnel's Chief Executive Officer, Ben Matzilevich, said: "We are very pleased to
announce our acquisition of these two profitable companies.  These are niche
businesses and we anticipate significant benefits from having acquired highly
trained staff, proven capabilities and scientific expertise and instrumentation.
 The acquisition of Food DNA Services will further strengthen our food safety
operations in Wales."

Financial details of the transaction were not disclosed but include up-front
payment combined with revenue-based earn-out over three years.

                                     -Ends-



For further information:

Tepnel Life Sciences plc
Ben Matzilevich, CEO
Carol Smith
Tel: 0161 946 2200


Capital MS&L
Mary Clark or Catie Corcoran
Tel: +44 20 7307 5330


Seymour Pierce Limited
Mark Percy
Tel: +44 20 7107 8000


Notes to Editors:

About Tepnel Life Sciences plc

Tepnel Life Sciences (AIM:TED) is a UK-based international life sciences
products and services group with two divisions, Molecular Diagnostics and
Research Products & Services. The Company has laboratories, manufacturing and
operations in the USA, UK and France with 195 employees.

Tepnel provides test kits, reagents and services to two highly synergistic
markets, these being Molecular Diagnostics and Biomedical Research.

The company's strategy has been to identify high growth niche opportunities
within these multi-billion pound markets.  Tepnel focuses on these opportunities
with internally developed products, patents, expertise and know-how as well as
strategic acquisitions, to develop a leadership position within these defined
market segments.


About Wildlife DNA

Based in North Wales, UK, Wildlife DNA Services (WDNAS) is an independent
organisation dedicated to providing genetic information for wildlife
conservation and wildlife crime investigation.

Established in 2003, the company offers theoretical and practical expertise for
projects worldwide.  WDNAS follows international forensic protocols and its
services include species identification, parentage analysis and geographic
origin identification.

WDNAS provides expert witness testimony and its forensic results are admissible
as evidence in court.


About Food DNA Services

Food DNA Services was created in 2005 to meet the needs of commercial and
governmental bodies at all levels of the food supply chain by providing high
quality genetic information for identifying food composition and origins.

Based at the University of Wales, Food DNA Services is a laboratory and
consultancy service for the genetic analysis of foodstuffs.  Its aim is to
maximise the efficiency of food production, increase food quality and enable
regulation of food supplied to the consumer by providing tailor-made research to
the food industry and public analysts.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

ACQUNASRBRRBRAR

Ted Baker (LSE:TED)
Historical Stock Chart
From Jun 2024 to Jul 2024

Ted Baker (LSE:TED)
Historical Stock Chart
From Jul 2023 to Jul 2024