Renovo plc
Public limited company (LSE: RNVO) | |
Industry | Biotechnology |
Founded | October 2000 |
Headquarters | Manchester, United Kingdom |
Key people | Mark Ferguson (CEO) |
Number of employees | approx 110 |
Website |
www |
Renovo Group plc (LSE: RNVO) is a biopharmaceutical company, which was founded in 1998 and is headquartered in Manchester, United Kingdom. It works in the discovery and development of drugs to reduce scarring, improve wound healing and enhance tissue regeneration.[1] Renovo does not currently have any marketed products. It aims "to be first to market with a scar prevention pharmaceutical drug in the US and Europe"[2] in approximately 2014. As of 2011, it employs 10 people, although it once employed over 100.[3]
Renovo is listed on the London Stock Exchange and is a constituent of the FTSE Fledgling Index.
Products
Renovo does not currently have any marketed products. Its development pipeline currently includes one drug in phase III clinical development, two drugs in phase II clinical development, and numerous pre-clinical candidates.[4]
Drug | Phase | Action |
---|---|---|
Juvista | Failed[5] | Injected to the wound margins around the time of surgery causes a prevention or reduction of scarring through introduction of recombinant TGFβ3. |
Adaprev | Halted[6] | Injected at the time of surgery for the prevention and reduction of scarring and adhesions between the tendon and surrounding tissues following tendon repair.]. |
Prevascar | Halted[7] | Injected to the wound margins around the time of surgery causes a reduction of scarring through suppression of TGFβ1 and TGFβ2. |
Juvidex | Renovo plans to partner Juvidex as a cosmetic ingredient for the improvement of skin appearance and to promote the healing of damaged skin. | |
RN1005 | Phase I Clinical trial | RN1005 is an advanced preclinical candidate pharmaceutical, discovered by Renovo, targeting the Wnt pathway to reduce scarring and enhance tissue regeneration. |
Disambiguation
Renovo Group, PLC. has no affiliation with Renovo Neural, Inc. (www.renovoneural.com), a preclinical research organization founded in Cleveland, OH, USA, in 2008. Renovo Neural's business is focused on identifying and developing neural therapies for neurodegenerative diseases, including multiple sclerosis and Parkinson's Disease. [8]
References
- ↑ London Regenerative Medicine Network – January 2007 Meeting Archived 28 September 2007 at the Wayback Machine
- ↑ http://www.renovo.com
- ↑ Pharma Times Just 10% of workforce left at Renovo after Juvista failure (4 March 2011). Pharmatimes.com.
- ↑ Renovo – Products Archived 25 January 2010 at the Wayback Machine
- ↑ ''Pharma Times'' Just 10% of workforce left at Renovo after Juvista failure (4 March 2011). Pharmatimes.com.
- ↑ Ashcroft, Jamie. (18 November 2011) ''ProactiveInvestors'' – Renovo ends Adaprev development (18 November 2011). Proactiveinvestors.co.uk.
- ↑ Ashcroft, Jamie. (16 April 2012) ''ProactiveInvestor'' Renovo ends Prevascar development (16 April 2012). Proactiveinvestors.co.uk.
- ↑ Renovo Neural's founder sets industry standard for multiple sclerosis