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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Argent Biopharma Limited | LSE:RGT | London | Ordinary Share | AU0000326647 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 21.00 | 20.00 | 22.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRGT ReGen Signs Agreement with Framingham Pharma for the potential Distribution of its Nutraceutical ColostrininTM in Argentina, Uruguay and Paraguay 15/12/2010 ReGen Therapeutics Plc ('ReGen' or the 'Company) announces that it has today signed a Material Transfer Agreement (MTA) with Framingham Pharma of Argentina. Framingham is the leading marketer of dietary supplements in Argentina. The second largest market in South America, which is a growth area of the world economy. Framingham reaches consumers across Argentina with a presence in all pharmacies. It promotes its products through direct contact with health professionals, participation in scientific events and significant media activity. Framingham is a prestigious laboratory recognized by both health professionals and the general public in Argentina. Framingham also has a significant distribution capability in Uruguay and Paraguay with local partners. Additional information is available on its corporate website www.framinghampharma.com Under the terms of this agreement ReGen will provide sufficient quantity of its proprietary nutraceutical ingredient Colostrinin(TM) to allow Framingham to develop a local formulation, initially for marketing in Argentina. If successful this exercise will lead to the signing of a formal Licensing and Distribution Agreement between the parties making Framingham the exclusive distributor of Colostrinin(TM) in Argentina and other markets in the region. No further details of the agreement will be disclosed at this time. To date Colostrinin(TM) is marketed as a nutritional supplement to 'support healthy brain aging and cognition in humans' in the US, Canada, Australia and Poland under the brand name CogniSure(TM) *, in Cyprus under the brand name Cognase(TM) **, in the UK under the brand name MemoryAid (TM) ***, in Turkey under the brand name Dyna(TM) **** and in India under the brand name Cognate (TM) ***** LG Life Sciences, Ltd ('LGLS') have also been appointed as the exclusive distributor of ColostrininTM in South Korea subject to import and regulatory approval being obtained******. Following on from India, Turkey and S Korea the ReGen Board is delighted that the Company has entered yet another growing market, which should lead to growth in sales higher than in the older developed world. * Colostrinin(TM) for use as a human nutraceutical is licensed in North America and Australasia to Metagenics Inc. of San Clemente, California (www.metagenics.com). Colostrinin(TM) is distributed in Poland by Tagerr Polska, an affliate of Tagerr a professional services and trading company established in Köln, Germany. (www.cognisure.eu) ** Colostrinin(TM) is distributed in the Republic of Cyprus by Golgi Pharmaceuticals Ltd (www.healthybrainaging.com). *** Colostrinin(TM) is distributed in the UK by PRG Nutraceuticals Ltd (www.memoryaid.com) **** Colostrinin(TM) is distributed in Turkey by Eczacibasi Ilac Pazarlama A.S (www.eczacibasi.com) ***** Colostrinin(TM) is distributed in India by USV Ltd (www.usvindia.com ) ****** LG Life Sciences, South Korea (www.lgls.co.kr) For further information: Percy Lomax ReGen Therapeutics Plc Tel No 020 7153 4920 Roland Cornish/Felicity Geidt Beaumont Cornish Limited Tel No 020 7628 3396 Nick Bealer/David Scott Alexander David Tel No 020 7448 9820 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: ReGen Therapeutics Plc via Thomson Reuters ONE [HUG#1472690]
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