TIDMTRX

Tissue Regenix Group PLC

03 August 2016

Hardman Research: Major progress in orthopaedics

Major progress towards orthopaedics approvals: Tissue Regenix is now in the commercialisation phase having validated its dCELL(R) technology to produce 'like-for-like' tissue specific, structure-preserving scaffolds for use in multiple clinical settings. DermaPure has started well in the US for treating chronic wounds and traction will increase now that it is widely reimbursed by Medicare providers. But newsflow in the next 12 months is likely to be dominated by the approval and launch of the orthopaedics products for meniscal and tendon repairs. Despite short term monthly cashburn of c.GBP1m, TRX is building long term value, evidenced by 32p NPV driven by three core product areas.

Please click here for the full report:

http://hardmanandco.com/docs/default-source/company-docs/tissue-regenix--documents/03-08-16-major-progress-towards-orthopaedics-approvals

 
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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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August 03, 2016 02:15 ET (06:15 GMT)

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