Dec 14 (Reuters) - Pharmaxis Ltd PXS.AX :
* PHARMAXIS ACQUIRES CONTROL, INCREASES STAKE IN LOXL2 PROGRAM
* INCREASED ITS INTEREST IN SCIENTIFIC PROGRAM ON LOXL2 INHIBITORS IN RETURN FOR A PAYMENT OF £5 MILLION TO SYNAIRGEN
Dec 14 (Reuters) - Pharmaxis Ltd PXS.AX :
* PHARMAXIS ACQUIRES CONTROL, INCREASES STAKE IN LOXL2 PROGRAM
* INCREASED ITS INTEREST IN SCIENTIFIC PROGRAM ON LOXL2 INHIBITORS IN RETURN FOR A PAYMENT OF £5 MILLION TO SYNAIRGEN