Last checked at 27 Sep 2022 07:15
Hardman & Co Research Hardman & Co Research on Tissue Regenix (TRX): Operating leverage 27-Sep-2022 / 07:15 GMT/BST Hardman & Co Research on Tissue Regenix (TRX): Operating leverage
Tissue Regenix (TRX) is focused on the development and commercialisation of two proprietary processing technologies for the repair of soft tissue (dCELL) and bone (BioRinse). It has a broad portfolio of regenerative medicine products for the biosurgery, orthopaedics and dental markets. 1H’22 results provided further evidence of the benefits of TRX’s strategic activities over the past two years, with the combination of sales growth and operating efficiencies driving the company rapidly towards EBITDA- and cashflow-breakeven. Additional efficiencies identified in San Antonio’s capacity expansion give greater flexibility to the start of Phase 2.
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1450351 27-Sep-2022
corporate announcement transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement.