Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRENE.L Share News (RENE)

  • There is currently no data for RENE

ReNeuron upbeat on positive data from Spain collaboration

Mon, 11th Oct 2021 11:51
(Sharecast News) - Exosome therapeutics developer ReNeuron announced positive data on Monday that it said provided "clear preclinical proof-of-concept" that its novel exosome drug delivery technology could effectively deliver therapeutic proteins to the specific region of the brain affected by several neurological diseases.
The AIM-traded firm said that in an ongoing collaboration with scientists at the University of Salamanca in Spain, it had sought to determine whether its stem cell-derived exosomes could deliver a therapeutic protein to the corpus striatum - a region of the brain affected by disabling neurological diseases including stroke, Parkinson's disease and Huntington's disease.

Major pharmaceutical companies had identified therapeutic proteins that are effective in treating a variety of neurological diseases, but there were major issues associated with the delivery of them, including the poor stability in living organisms given that proteins rapidly break down and do not last long in the body, as well as issues surrounding poor tissue distribution due to an inability to target specific tissues.

ReNeuron said that while the issues could not be overcome by simply administering more protein, as that could have unwanted side-effects, it believed that its proprietary exosomes had the potential to address both of those issues due to their natural tissue-targeting ability and superior stability characteristics.

Studies performed in collaboration with the University of Salamanca established that exosomes administered intrathecally were capable of delivering a therapeutic protein in an animal model to regions of the brain at a functional activity level much greater than that seen when simply supplying the protein alone.

Contrary to that, studies performed in the laboratory showed no difference in delivery between the exosomal-based protein and the protein alone.

That difference between the efficiency of in vivo delivery versus in vitro delivery suggested that the exosome-linked proteins were able to overcome the obstacle of protein breakdown and tissue targeting in the brain that was not possible with the native protein.

The company said the in vivo results were "key" in showing that ReNeuron's exosome delivery technology offered a striking higher stability, more targeted delivery, and an increase in potency, thus potentially solving the delivery issues that could be experienced with therapeutic proteins.

"I am delighted to see these extremely compelling data showing that exosomes efficiently deliver therapeutic proteins to targeted brain regions associated with severe neurological diseases," said chief scientific officer Dr Stefano Pluchino.

"These data are the foundation of one of the main corporate programmes at ReNeuron and highlight the possibility to deliver other payloads using the same principles and technology platform, providing improved tissue distribution and specificity.

"This exciting strategy could potentially be used to deliver single therapies or multiple therapeutics with exosomes, enabling a number of exciting next generation precision medicine approaches."

Chief executive officer Olav Hellebø added that the results were a "key milestone" for the firm's exosome delivery technology, establishing a "clear" proof-of-concept in vivo, which more accurately imitated conditions for the targeted delivery of key neurological therapeutics into the human brain.

"In 2020 we refocussed the business on our exosome platform, as well as our retinal disease programme and iPSC platform, and these results show just how significant the potential is for exosomes to become a novel means of delivering third party biological drugs to the brain and other regions of the body," Hellebø added.

"This is exciting news for the major pharmaceutical and biotechnology partners that we have collaboration agreements with and underpins the commercial opportunity that our platform provides."

At 1131 BST, shares in ReNeuron Group were up 34.81% at 127.8p.

Related News

IN BRIEF: ReNeuron administrators in talks with potential investors
17 May 2024

IN BRIEF: ReNeuron administrators in talks with potential investors

ReNeuron Group PLC - Brigdend, Wales-based stem cell and exosomes technology company - Says Mark Smith and Stephen Cork of Cork Gully LLP, joint admin...

TRADING UPDATES: PetroTal buys Peru's Block 131 for USD5.0 million
17 May 2024

TRADING UPDATES: PetroTal buys Peru's Block 131 for USD5.0 million

(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week Wednesday and not separately reported by Allianc...

ReNeuron CFO steps down to pursue other opportunities
17 Apr 2024

ReNeuron CFO steps down to pursue other opportunities

(Alliance News) - ReNeuron Group PLC on Wednesday announced Chief Financial Officer John Hawkins will be stepping down from his role on May 7.

RENE.L News

ReNeuron poised for stroke treatment trials
11 Jan 2010

ReNeuron poised for stroke treatment trials

Stem cell therapy group ReNeuron said it is on track to start human trials of its flagship treatment ReN001 for disabled stroke patients in the first ...

Small caps round-up: Hampson Industries, Bezant, Tangent Comms...
26 Nov 2009

Small caps round-up: Hampson Industries, Bezant, Tangent Comms...

Aerospace and engineering group Hampson Industries reported a 32% slump in first half profit before tax to £11m on revenue down 12% to £97m. "Althoug...

Small caps round-up: Ocean Wilsons, Fortune Oil, Freshwater...
16 Nov 2009

Small caps round-up: Ocean Wilsons, Fortune Oil, Freshwater...

PR and marketing group Freshwater's profits fell sharply last year, but the fourth quarter saw an improvement that has continued into the current year...

ReNeuron boosted by study findings
2 Oct 2009

ReNeuron boosted by study findings

Shares in stem cell developer ReNeuron were wanted after the company drew attention to the publication of new research using the company's ReNcell neu...

Small caps round-up: Byotrol, ReNeuron, Accuma...
17 Sep 2009

Small caps round-up: Byotrol, ReNeuron, Accuma...

Germ-killing product supplier Byotrol said it has seen a significant increase in orders and now expects results for the financial year to September 30...

Sector movers: Astra lifts drug stocks after broker boost
8 Jul 2009

Sector movers: Astra lifts drug stocks after broker boost

Pharmaceutical stocks are higher after the broker Panmure Gordon said AstraZeneca was set to benefit from US rivals that produce generic alternatives ...

Small caps round-up: Brainjuicer, ReNeuron, Hamworthy...
8 Jul 2009

Small caps round-up: Brainjuicer, ReNeuron, Hamworthy...

Market researcher BrainJuicer, whose clients include Unilever and Nike, posted revenue growth of about 22% for the first half and said it expects to m...

Small caps round-up: MediaZest, Reneuron, Atlantic Coal...
30 Jun 2009

Small caps round-up: MediaZest, Reneuron, Atlantic Coal...

Display advertising and screens provider Mediazest's pre-tax profits slide in the year as administrative expenses were too high, prompting the firm t...