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TRX Tissue Regenix Group Plc

59.80
-1.70 (-2.76%)
17 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tissue Regenix Group Plc LSE:TRX London Ordinary Share GB00BNTXR104 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.70 -2.76% 59.80 61.00 62.00 61.50 61.50 61.50 44,244 16:35:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 24.48M -2.7M -0.0382 -16.10 43.4M

Tissue Regenix Group PLC Hardman & Co Research Report on: Tissue Regenix

03/08/2016 7:15am

RNS Non-Regulatory


TIDMTRX

Tissue Regenix Group PLC

03 August 2016

Hardman Research: Major progress in orthopaedics

Major progress towards orthopaedics approvals: Tissue Regenix is now in the commercialisation phase having validated its dCELL(R) technology to produce 'like-for-like' tissue specific, structure-preserving scaffolds for use in multiple clinical settings. DermaPure has started well in the US for treating chronic wounds and traction will increase now that it is widely reimbursed by Medicare providers. But newsflow in the next 12 months is likely to be dominated by the approval and launch of the orthopaedics products for meniscal and tendon repairs. Despite short term monthly cashburn of c.GBP1m, TRX is building long term value, evidenced by 32p NPV driven by three core product areas.

Please click here for the full report:

http://hardmanandco.com/docs/default-source/company-docs/tissue-regenix--documents/03-08-16-major-progress-towards-orthopaedics-approvals

 
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  Hardman & Co        mh@hardmanandco.com 
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                      Telephone: +44 20 7929 3399 
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www.hardmanandco.com

About Hardman & Co: For the past 20 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge. Our focus is to raise companies' profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case.

Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259.

Our research is provided for the use of the professional investment community, market counterparties and sophisticated and high net worth investors as defined in the rules of the regulatory bodies. It is not intended to be made available to unsophisticated retail investors. Anyone who is unsure of their categorisation should consult their professional advisors. This research is neither an offer, nor a solicitation, to buy or sell any security. Please read the note for the full disclaimer.

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRAFMGGRVZLGVZM

(END) Dow Jones Newswires

August 03, 2016 02:15 ET (06:15 GMT)

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