SAN FRANCISCO, CA–(Marketwired – October 03, 2016) – Australian regenerative medicine company Regeneus Ltd. (ASX: RDS) has a handful of stock-moving Q4/16 catalysts on the calendar, among them a potential licensing agreement for its mesenchymal stem cell technology in Japan.
Included in this article is: Regeneus Ltd.
According to Edison Investment Research analyst Dennis Hulme, Regeneus “is in advanced discussions with a large Japanese company regarding licensing Progenza for the Japanese market, and anticipates converting these discussions into a binding arrangement by the end of the current quarter.”
In his Sept. 14 research report, Hulme noted that “signing up a manufacturing and commercial partner for Progenza in Japan would provide significant validation of the commercial value of the company’s technology and represents near-term potential upside.”
In addition, “Upfront fees and milestone payments from the potential deal could offer a source of nondilutive funding for the company’s ongoing work on new product development,” Hulme stated. “In addition, we would expect a partner to either fully or partly cover the costs of the planned Phase 2 trial of Progenza in patients with osteoarthritis of the knee.”
Continue reading this article: Stock-Moving Catalysts Anticipated for Regeneus in Q4/16
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