Science and Technology - Minutes of Evidence [Back to Report]

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Here you can browse the Minutes of Evidence which were ordered by the House of Commons to be printed 15 July 1998.

WEDNESDAY 15 JULY 1998

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Members present:

Dr Michael Clark, in the Chair

Mr David Atkinson	Mr Nigel Jones
Mr Nigel Beard	Mrs Jacqui Lait
Dr Ian Gibson	Dr Desmond Turner
Dr Lynne Jones	Dr Alan W Williams

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CONTENTS

Memorandum submitted by Ms Jane Henderson

Examination of Witness

MS JANE HENDERSON, Analyst, Goldman Sachs International, was examined.

Questions Number

161 - 179

180 - 199

200 - 219

220 - 228

Memorandum submitted by Perpetual Investment Management Services Ltd

1.  ABOUT PERPETUAL

2.   OUR INVESTMENT IN BRITISH BIOTECH

3.  OUR INVOLVEMENT IN RECENT DEVELOPMENTS

4.  INVESTING IN THE BIOTECHNOLOGY SECTOR

5.  CONCLUSIONS ABOUT THE IMPACT OF THESE DEVELOPMENTS

Appendix

Examination of Witnesses

MR BOB YERBURY, Chief Investment Officer, MR NEIL WOODFORD, Fund Manager of the United Kingdom Department and MRS MARGARET RODDAN, Head of the European Department, Perpetual Unit Trust Management Limited, were examined.

Questions Number

229 - 239

240 - 259

260 - 279

280 - 299

300 - 317

Memorandum submitted by Dresdner Kleinwort Benson

Examination of Witnesses

MR T G BARKER, Vice Chairman, Dresdner, Kleinwort Benson, MR PETER BUTTON, Director, Kleinwort Benson Limited and MR SIMON NEATHERCOAT, Director, Kleinwort Benson Securities, were examined.

Question Number

318 - 339

340 - 359

360 - 379

Supplementary Memorandum submitted by Dresdner, Kleinwort Benson

1.  INTRODUCTION

2.  MEETING WITH PERPEUTAL DATED 11 MARCH 1998 (REF 323, 324, 378)

3.  ROLE IN INVESTIGATING ALLEGATIONS (REF 333, 334)

4.  AGREEMENT WITH MAM AND PERPETUAL ON DR MILLAR'S ALLEGATIONS (REF 360, 361, 362, 363, 364, 365)

5.  MEETING DATED 12 MARCH 1997

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Prepared 14 September 1998