Proteome Sciences. AGM Statement.

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pork belly - Thu, 21 Dec 06 :

ReNeuron Holdings PLC
28 February 2002


28th February 2002



ReNeuron Announces Collaboration with Proteome Sciences to Identify Brain Repair
Proteins.

ReNeuron Holdings plc (LSE: REN.L) ('ReNeuron') announces that it has entered
into a collaborative research agreement with Proteome Sciences plc (LSE: PRM.L)
('Proteome Sciences') to identify proteins expressed in brain repair following
transplantation of neural stem cells.

The collaboration will bring together ReNeuron's stem cell transplantation
technology and Proteome Science's expertise in the field of proteomics. The
companies will jointly own intellectual property arising from the collaboration,
and share any resulting revenues from its commercialisation.

ReNeuron has previously demonstrated that, following the induction of a stroke
in pre-clinical in-vivo models, neural stem cell transplantation can induce
functional recovery. This may be due to factors produced by the implanted cells
or a response in the damaged brain tissue. Identification of proteins produced
in response to the stroke may produce possible novel therapeutic entities or
druggable targets relevant to the treatment of stroke and other
neurodegenerative diseases.

Dr Martin Edwards, Chief Executive Officer of ReNeuron said:


'This collaboration is an important part of ReNeuron's ongoing efforts
to use neural stem cells as drug discovery tools. With Proteome
Sciences, we hope to discover the proteins involved in recovery from
stroke. Putting together our expertise in stem cell transplantation and
Proteome Sciences' expertise in proteomics is a logical way for both
companies to make progress in this specialist field.'

Mr Christopher Pearce, Chief Executive Officer of Proteome Sciences commented:


'We are very pleased to be working with ReNeuron in a focused
collaboration targeting stroke, where we can combine our different
technical capabilities. Proteome Sciences will apply high sensitivity
proteomics to body fluid and tissue samples provided by ReNeuron.

Proteome Sciences will apply high sensitivity proteomics to body fluid
and tissue samples provided by ReNeuron. This will involve the
production of proprietary protein maps to address differential protein
expression in brain repair and facilitate the identification and
characterisation of proteins as potential drug targets and for
therapeutic treatment'.


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