Pfizer looking at biotech firm Intercytex - paper

LONDON, May 24 (Reuters) - Suitors for British biotech company Intercytex (ICX.L: Quote, Profile, Research) include U.S. pharmaceutical giant Pfizer (PFE.N: Quote, Profile, Research), the Sunday Times reported, without citing sources.

Intercytex said last week it had had received "a number of approaches" from unnamed parties, sending its shares up over 50 percent.

Pfizer's interest is based on the work Intercytex is doing on a research project to cure age-related macular degeneration, which causes blindness, the newspaper said. (Reporting by Rosalba O'Brien; Editing by Dan Lalor)