STOCKS NEWS UK SMALL-Intercytex soars after Pfizer-UCL deal

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09:17GMT 27Apr2009-Intercytex soars after Pfizer-UCL deal

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Shares in skin regeneration specialist Intercytex (ICX.L) rise 44 percent, continuing last week's rally, after drug giant Pfizer (PFE.N) strikes a deal with University College London to develop stem cell treatments for eye conditions, an area in which Intercytex has assets.

"It underlines the potential of the technology ... people might be thinking if Pfizer is looking at this then maybe some other company may want to buy the Intercytex assets," says analyst Jacob Plieth at Edison Investment Research.

To see the Pfizer statement click on [ID:nBw245097a].

Reuters messaging rm://ben.deighton.thomsonreuters.com@reuters.net

08:56GMT 27Apr2009-JJB up ahead of key creditor meeting

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Shares in JJB Sports (JJB.L) rise as much as 21 percent on talk that the troubled sportswear retailer will secure creditor backing for a new rent agreement with its landlords.

At a meeting later on Monday, JJB needs three quarters of its creditors to back a company voluntary agreement (CVA) that will help secure its future by cancelling leases on 140 of its closed stores and moving to monthly rent for a year on shops still operating.