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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-1.00 | -4.55% | 21.00 | 20.00 | 22.00 | 21.00 | 21.00 | 21.00 | 3,407 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRGT ReGen Signs Agreement for the Distribution of its Nutraceutical ColostrininTM in South Korea with LG Life Sciences 01/12/2010 ReGen Therapeutics Plc ('ReGen') is pleased to announce that it has today signed an agreement with LG Life Sciences, Ltd ('LGLS'), appointing them as the exclusive distributor of its nutritional supplement Colostrinin(TM) in South Korea. LGLS is the leading pharmaceutical company based in Seoul, Korea, committed to promoting health and well being of patients and customers. Its key therapeutic areas include metabolic and cardiovascular diseases as well as well-being. In parallel LGLS has a unique capability to develop and market nutraceutical products and has a plan to distribute Colostrinin(TM) through various shopping channels. Additional information is available on its corporate website, www.lgls.co.kr. This appointment is conditional upon LGLS securing import and regulatory approval for the product. An application to gain approval should be submitted before the end of the first quarter of 2011 but approval may take some considerable time to achieve. LGLS will also be developing their own formulation of Colostrinin(TM) specifically tailored to the retail market in South Korea. 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) ***** The ReGen Board regards this is a significant step for ReGen as it provides entry into the major growth area of the world economy. It is very important in the context of the accelerated roll out programme for Colostrinin(TM). * 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 ) 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 [HUG#1467514] 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
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