RE: Tessa Jowell....House of Lords25 Jan 2018 18:59
Reminder c/o mol iii site
27 October 2017
AIM: RENE
ReNeuron Group plc
ReNeuron wins further UK grant to advance its exosome therapy platform
is pleased to announce that it is the lead industry participant in a new grant award
from the Welsh Government to advance its emerging exosome therapy platform.
The grant has been awarded under the Welsh Government�s SMARTExpertise
scheme and will help fund a �1.2m collaborative programme of work to be
undertaken by ReNeuron, Ig Innovations and Swansea University Medical School.
The work programme will establish methods to refine and optimise the
manufacturing process for generating ReNeuron�s CTX cell-derived exosomes
with the highest biological efficacy, methods to enhance the characterisation of
the CTX-derived exosomes against solid tumours to identify new cancer targets,
and methods to characterise exosomes with potential therapeutic benefit
derived from ReNeuron�s broader proprietary cell line library. ReNeuron is exploiting
its exosome therapy platform as a potential new nanomedicine targeting cancer and as a potential delivery system for drugs that would otherwise be unable to reach
their site of action.
The SMARTExpertise grant follows the award of a grant to ReNeuron last year from Innovate UK to develop manufacturing systems and to conduct pre-clinical testing relating to the Company�s exosome therapy platform.
Commenting on the grant award, Dr Randolph Corteling, Head of Research at
ReNeuron, said: �We are delighted to have won this new grant under the Welsh Government�s SMARTExpertise scheme. As a Wales-based business, we are very pleased to be able to work with leading Welsh academic and industry collaborators in order to
further progress development of our high-potential exosome therapy platform
towards clinical application.�
Mol