Formerly known as Multiple Peptide Systems Inc, NeoMPS Inc had produced pharmaceutical grade peptides for the life sciences research fields. In December 1999 GROUPE SNPE (a French Chemical firm) acquired Multiple Peptide Systems Inc. The firm had previously been in a Joint Venture relationships with Elan Corporation organzied around oral and non-oral drug delivery technologies. The firm had originally been a subsiduary to Houghton Pharmaeceuticals. In 1997 Houghten Pharmaceuticals sold its subsidiary Multiple Peptide Systems to a new company formed by Richard Houghten, who had ounded both HP and MPS,