Animal campaigners renew protest at drug-test plant

Scores of animal rights protesters have gathered outside a beleaguered drug-testing company.

Scores of animal rights protesters have gathered outside a beleaguered drug-testing company.

The Huntingdon Life Sciences plant in Suffolk managed to stave off bankruptcy after deal with anonymous US backers.

Demonstrators were greeted by a heavy police presence with officer filming and noting details of every car approaching the plant.

The demonstrators have warned the company that its unnamed new financiers would be "tracked down and taught a lesson".

HLS is one of Europe's leading drug research firms. It became a target for protest after workers were filmed kicking and beating dogs used for testing three years ago.

The firm announced yesterday it had refinanced a £22.6 million loan due to be repaid to the Royal Bank of Scotland.

The bank accepted a nominal £1 payment in return for an outstanding £11 million overdraft in a secret deal brokered by the Government, reports the Independent on Sunday.

The rest of the £22.6 million loan was laid off to two US banks - Allfirst, an American subsidiary of Dublin-based Allied Irish Banks, and Comerica, based in Detroit.

The banks were told the cash would be repaid by HLS's new backers, who have been granted anonymity by the Financial Services Authority.

HLS executive chairman Andrew Baker said: "This has been a very stressful time for our workforce and worrying for our customers, but we are pleased to put to rest the question of our company's financial viability."

But Heather James, of campaign group Stop Huntingdon Animal Cruelty said she had little doubt that protesters would find the identities of the new backers, adding: "We will find out who they are and we will track them down and teach them a lesson so that no other company is tempted to put money into HLS like this."

more courts articles

Former DUP leader Jeffrey Donaldson arrives at court to face sex charges Former DUP leader Jeffrey Donaldson arrives at court to face sex charges
Case against Jeffrey Donaldson to be heard in court Case against Jeffrey Donaldson to be heard in court
Defendant in Cobh murder case further remanded in custody Defendant in Cobh murder case further remanded in custody

More in this section

The European Central Bank skyscraper in the city of  Frankfurt Main, Germany ECB firmly behind June rate cut but views diverge on July
Tesla cancels its long-promised inexpensive car Tesla cancels its long-promised inexpensive car
Net zero Profits plummet at battery-maker LG Energy amid EV slowdown
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited