TIDMPRX

RNS Number : 3983D

Proximagen Group PLC

15 May 2012

 
 15 May 2012

PROXIMAGEN GROUP PLC

("Proximagen" or "the Company")

Result of Annual General Meeting

London, UK, 15 May 2012 - Proximagen Group plc (AIM: PRX), the rapidly growing company with a focus on the treatment of disorders of the central nervous system and inflammatory diseases, announces that at its Annual General Meeting which was held earlier today, all resolutions put to shareholders were duly passed.

Enquiries

 
  Proximagen Group plc                 Tel: +44 (0)20 7400 7700 
   James Hunter, Finance Director 
 
   Singer Capital Markets (Nominated    Tel: +44 (0)20 3205 7500 
    Adviser) 
   Shaun Dobson/Claes Spang 
 
   M:Communications (Media enquiries)   Tel: +44 (0)20 7920 2330 
   Mary-Jane Elliott / Sarah Macleod    proximagen@mcomgroup.com 
    / Hollie Vile

About Proximagen

Proximagen Group plc (AIM:PRX) is a European biotechnology company focused on the development and commercialisation of novel therapeutics for diseases of the central nervous system (CNS) and inflammation.

The Company is developing potential new best-in-class therapeutics in its core disease areas including epilepsy, Parkinson's disease, and Alzheimer's disease, as well as in other areas such as inflammation, oncology and neuropathic pain.

Proximagen has a number of existing partnerships with pharmaceutical companies including GlaxoSmithKline, Upsher-Smith and Lundbeck, and is developing a broad pipeline of drug candidate programmes, with four programmes in clinical development and more than ten earlier stage assets being progressed.

Proximagen's strategy is to advance its pipeline with its partners and to acquire innovative drug candidates that complement its pipeline, with the objective of scaling up its risk-mitigated operating model and generating sustainable profits.

For more information, please visit www.proximagen.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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