November 2006

Scottish Enterprise Board SE(06)163
Approvals within delegated authority

The following project was approved within delegated authority during the period 26 October to 16 November 2006. The details are provided below.

Scottish Co-investment Fund Investments over £250,000

Syntropharma Ltd

The Investment Team has approved the sum of £372,000 to be invested in Syntropharma Ltd by way of ordinary shares. Syntropharma Ltd is in the development of novel delivery methodologies for licensed generic drugs.

Brian Jamieson
SE Secretary
December 2006