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Baldiness

Possible Dirt Behind Intercytex Grant

by Bald Man on October 25th, 2006

Seems UK politics is as muddled as US politics. Here are the facts according to a This Is London article:

  • Sir Christopher Evans is chairman and founder of a biotech investment firm, Merlin Biosciences.
  • Merlin Biosciences owns a 14 per cent share in Intercytex, whose value increased dramatically after the announcement of a grant from the government’s Technology Programme.
  • Sir Christopher was previously an adviser to the government, and as a result of his advice the previously mentioned Technology Programme was established within the Department of Trade and Industry to supply UK firms with grants to develop new technologies.

Now, it doesn’t appear that any rules, laws or procedures have been broken. The application filed by Intercytex doesn’t require investors to be disclosed, and that’s probably a good thing. Investor names probably aren’t relevant to the scientific and technological merits of the application. The entire Intercytex deal might be as kosher as can be, but here’s the fact that throws everything in suspicion: Sir Christopher was previously arrested in a government funding scandal, something the article refers to as “cash for peerages.” One man of questionable character can transform the entire perspective on the situation…

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POSTED IN: Bald Medicine, Bald Organizations

1 opinion for Possible Dirt Behind Intercytex Grant

  • David Bradley
    Nov 1, 2006 at 11:29 am

    Sir Christopher wasn’t the only one arrested in the cash for peerages scandal, there were dozens of other politicians and business folk, including the ex-leader of the current opposition party in the UK.

    Sir Christopher wasn’t bald last time I saw him lecture, but that was sixteen years ago.

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