Arakis Ltd

Sosei to acquire Arakis for £106.5 million Combination with Arakis Creates Global Biopharmaceutical Company London / Tokyo, 19 July 2005: Sosei Co. Ltd ("Sosei" - 4565, Tokyo Stock Exchange MOTHERS index), a leading Japanese biopharmaceutical company with operations in Japan and the UK, announces that it has agreed terms with Arakis and its shareholders to combine its business with Arakis Limited ("Arakis"), a private UK-based biopharmaceutical company, bringing together two highly successful product discovery and development companies. Th…