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York Pharma

York Pharma, the Milton Keynes-based pharmaceuticals company, has been bought out of administration by RH Acquisitions.

York Pharma has bought the assets of Celltran, the Sheffield-based biotechnology company with two wound care products, out of administration.

York Pharma has acquired Derms Development, the dermatology company that owns Cheshire-based Crawford Healthcare and employs a medical sales force of 53, for £17m.

York Pharma has acquired Rosanto Pharmaceuticals for £2m, and has also raised £5.3m in a share placing to fund the commercial development of skin care products.

York Pharma has acquired Molecular SkinCare, the Sheffield-based developer of dermatology products, in a £5.5m deal.