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Tissue Regenix Group PLC

Tissue Regenix Group - Hardman Research: CellRight transforming US growth

RNS Number : 6752N
Tissue Regenix Group PLC
10 August 2017
 

Hardman Research: CellRight transforming US growth

CellRight Technologies: Transforming US growth prospects - TRX has a broad portfolio of regenerative medicine products developed from decellularised human and porcine soft tissues for the wound care, orthopaedics, and cardiac markets. Since launch of DermaPure, the focus has been on increasing penetration of the US woundcare market to access both in- and out-patient populations, via GPOs and Medicare, respectively. To accelerate growth in the US, TRX has announced the acquisition of CellRight Technologies, which has a synergistic regenerative technology based on bone. To fund the acquisition and provide more working capital, the company has raised £40m (gross) of new capital.

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http://hardmanandco.com/docs/default-source/company-docs/tissue-regenix--documents/10.08.17-cellright-transforming-us-growth-prospects.pdf

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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.

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