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ReNeuron Group PLC

ReNeuron Group agrees £80mln cell therapy licensing deal for China

ReNeuron Group PLC's (LON:RENE) Michael Hunt talks Proactive London's Andrew Scott through a deal they've signed which is potentially worth up to £80mln in success-based payments with an arm of one of China's leading drug companies.

Fosun Pharma is licensing the rights to the company’s CTX and hRPC cell therapy programmes in the People’s Republic for an initial £6mln.

Quick facts: ReNeuron Group PLC

Price: £2.11

Market: LSE
Market Cap: £67.17 m
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