Oxonica - Placed on AIM 20th July

Oxonica buys Nanoplex Technologies

LONDON (AFX) - Oxonica PLC said it has agreed to acquire Nanoplex
Technologies Inc in the US for up to 7,538,440 fully paid ordinary shares in
Oxonica, which is equivalent to around 17 pct of the equity of the enlarged
group.
Nanoplex will change its name to Oxonica Inc on completion and will become
part of Oxonica's healthcare business.
Oxonica said the acquisition is expected to substantially enhance the
development of the group's existing biomarker detection and security technology.
In the nine months to Sept 30 2005, Nanoplex reported unaudited turnover of
1.6 mln usd and a loss before tax of 0.9 mln usd.
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