About ERIX
EiRx Therapeutics is a specialist provider of pre-clinical therapeutics to the pharmaceutical industry. Our unique scientific expertise and knowledge in the field of Apoptosis provide a sound base to discover and develop new medicines that will safely and selectively repair this natural process in disease. The potential benefits from these new medicines are enormous, since as many as 70% of all human disease have some defect in the control of Apoptosis.
Apoptosis - the biological process that determines whether cells in our bodies live or die...
http://www.eirx.com/index.html

Purchased some of these on the strength of the PROGRESS UPDATE looks promising.
http://moneyam.uk-wire.com/cgi-bin/articles/200603200701130254A.html

ERX interview with John Pool
http://www.wallstreetreporter.com/interview.php?id=18589&player=real
Latest News
CANCER COLLABORATION WITH BIOMERIEUX SA
http://moneyam.uk-wire.com/cgi-bin/articles/200607120700230534G.html
Biomerieux Web Site
http://www.biomerieux.com/servlet/srt/bio/portail/home
ABOUT ERX Focus Of The Month
http://www.billamag.net/focus-document-text.asp?FocusTextID=1
ERX pdf filehttp://www.eirx.com/eirx_heading_images/Yokohama2005.pdf
19/09/2006 A 50% reduction in breast tumour volume size seen with Eirx lead molecule in animal studies
http://moneyam.uk-wire.com/cgi-bin/articles/200609190700171175J.html

Past and present collaborative partners include:

* bioMieux SA
* Almac Diagnostics Ltd
* Merck & Co, Ltd
* Biofocus plc
* MGI Pharmaceuticals, Inc
* OSI Pharmaceuticals, Inc
* Sareum plc
* Regen Therapeutics plc
* SR Pharma plc

Driver Not mine either, I,ll stay like the rabbit in the headlights,5m @ 0.02 I will take the chance they get funded, they owe me 4.5k.as they say shit or bust
And think we were all going to be rich according to super hyper POTHEAD

Bit of interest, maybe funding news ?
PS Bad hangover

Yes news is out, people buying today, good luck

Yes news is out, people buying today, good luck

Hi I am out of my 5m @ 0.04 big loss ,not good but heyho I tried

wow thats some amount of shares traded today ! intresting to see what happens here !

Great news, no comment !!!!!!!

Great news but what happens at the end of 2008

It's nothing less than than a bl**dy disgrace driver!, how the flock can we pay footballers more money for a weeks pay than erx can raise for a years research ?

Not yet finalised - EiRx has "agreed in principle a funding package designed to provide working capital to fund the Company until at least 31 December 2008", but I can't see them not carrying on. Makes me think that there must be a future extending beyond this year, which makes me further think that there is a value in their portfolio greater than the share price indicates. I am hanging on for another roller coaster year!

Massive dilution.

Shares/warrant/notes issued at 0.015p, a fraction of the market price.

4,000,000,000 new shares to be issued, plus loan notes which will dilute even more when converted.

Existing shareholders effectively being wiped out.

Does look a bit crap on the face of it.

Hmmmmm, quite. Still, life in the old dog yet; might be worth picking up a few million when the sp hits the bottom, which may not be long now!

A few million at 0.01p. That'll be 200 worth then?

Only if you like throwing your money away imo.

I look upon it as an investment in the future Relishing; the future of what though remains to be seen!!

Well some one just bought 2's worth that should raise the sp.

OFFICIAL CORRECTION EiRx Therapeutics gets funding package for drug development
AFX


(Company corrects number of shares placed to 4 bln not 4 mln)

LONDON (Thomson Financial) - EiRx Therapeutics PLC said it has put in place a funding package which it believes is sufficent and will allow it to advance its drug development programme over the next 12 months.

The funding package comprises a placing of shares for cash, the issue of convertible loan stock and an increase in the secured bank facility.

The company said it has placed a total of 4 bln shares at a price of 0.015 pence per share to raise 600,000 stg. Of this amount, 170,125 stg is as a debt for equity swap. Subscribers under the placing will be granted one warrant for every three shares subscribed, subject to shareholder consent. Each warrant is convertible at a price of 0.015 pence per share.

EiRx added that Billam AG has agreed to make available a further 300,000 stg of funding from September 2008 through zero coupon non-redeemable convertible loan stock, convertible at the current placing price of 0.015p per share.

Billam has also agreed to guarantee additional secured bank borrowings of up to 350,000 stg to replace the existing facility of 200,000 stg as announced on Nov 8, 2007, EiRx said.



tf.TFN-Europe_newsdesk@thomson.com

370m sell at .0001 Not good.

Deals of 137,500,000 & 126,200,00 at the upper end today and 2 x 100 at the lower end :o)

A lot of buying and dumping on ERX I'm staying clear.