Tissue Regenix Group (TRX)

Sector:

Financials

Index:

FTSE AIM All-Share

 32.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 74.00
  • 52 Week Low: 31.00
  • Currency: UK Pounds
  • Shares Issued: 71.40m
  • Volume: 2,608
  • Market Cap: £22.85m
  • RiskGrade: 22
  • Beta: 0.00

Tissue Regenix extends dCELL technology with new DermaPure product

By Josh White

Date: Thursday 03 Oct 2019

LONDON (ShareCast) - (Sharecast News) - Regenerative medical devices company Tissue Regenix Group announced the launch of a product line extension 'DermaPure Non-Oriented' on Thursday, which it said was specifically tailored for the surgical and trauma markets, further expanding the reach of its flagship 'dCELL' technology product, 'DermaPure'.
The AIM-traded firm said DermaPure Non-Oriented, processed utilising its patented dCELL technology, had two identical sides, meaning the orientation of the graft was not a factor during application or implantation.

That, the board said, would enhance ease of application, while also maintaining the acellular scaffold and thereby promoting tissue regeneration.

The company said the primary indication for the product line would be uro-gynecological procedures, where the group said it already had a "strong" working relationship with partner and specialist distributor, ARMS Medical.

Last week, the product was unveiled at the American Urogynecologic Society annual meeting in Nashville, Tennessee, and was now available for distribution in an initial size of seven by 10 centimetres.

"Our commercial success is predicated on our ability to identify new clinical applications and rapidly develop product lines to meet this demand," said Tissue Regenix interim chief executive officer Gareth Jones.

"Working closely with our strategic partner, ARMS Medical, we are confident that DermaPure Non-Oriented will offer our clinicians the clinical outcomes and health economic benefits they require.

"We continue to see the growing demand for DermaPure, as demonstrated in our recent interim results, and expect that DermaPure Non-Oriented will augment this product portfolio, driving adoption by physicians in the future."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

TRX Market Data

Currency UK Pounds
Share Price 32.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 74.00
52 Week Low 31.00
Volume 2,608
Shares Issued 71.40m
Market Cap £22.85m
Beta 0.00
RiskGrade 22

TRX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.76% below the market average16.76% below the market average16.76% below the market average16.76% below the market average16.76% below the market average
17.17% below the sector average17.17% below the sector average17.17% below the sector average17.17% below the sector average17.17% below the sector average
Price Trend
78.5% below the market average78.5% below the market average78.5% below the market average78.5% below the market average78.5% below the market average
81.13% below the sector average81.13% below the sector average81.13% below the sector average81.13% below the sector average81.13% below the sector average
Income Not Available
Growth
34.59% above the market average34.59% above the market average34.59% above the market average34.59% above the market average34.59% above the market average
23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average

TRX Dividends

No dividends found

Trades for 30-May-2025

Time Volume / Share Price
12:47 1 @ 32.90p
12:45 607 @ 32.90p
09:59 2,000 @ 32.18p

TRX Key Personnel

CEO Daniel Lee
CFO David Cocke

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