Guildford, UK, 11 January 2012: ReNeuron announces the appointment of Cenkos Securities, as Nominated Adviser and Broker to the Company, with immediate effect.
Michael Hunt, Chief Executive Officer +44 (0) 1483 302560
Dr John Sinden, Chief Scientific Officer
Lisa Baderoon, Mark Court, Isabel Podda +44 (0) 20 7466 5000
Cenkos Securities Stephen Keys, Adrian Hargrave (NOMAD and Broker) Andy Roberts (Sales) +44 (0) 20 7397 8900
ReNeuron is a leading, clinical-stage stem cell business. Its primary objective is the development of novel stem cell therapies targeting areas of significant unmet or poorly met medical need.
ReNeuron has used its unique stem cell technologies to develop cell-based therapies for significant disease conditions where the cells can be readily administered “off-the-shelf” to any eligible patient without the need for additional immunosuppressive drug treatments. ReNeuron’s lead candidate is its ReN001 stem cell therapy for the treatment of patients left disabled by the effects of a stroke. This therapy is currently in clinical development. The Company is also developing stem cell therapies for other conditions such as peripheral arterial disease, a serious and common side-effect of diabetes, and blindness-causing diseases of the retina.
ReNeuron has also developed a range of stem cell lines for non-therapeutic applications – its ReNcell® products for use in academic and commercial research. The Company’s ReNcell®CX and ReNcell®VM neural cell lines are marketed worldwide under license by USA-based Merck Millipore.
ReNeuron’s shares are traded on the London AIM market under the symbol RENE.L. Further information on ReNeuron and its products can be found at www.reneuron.com.