ReGen Therapeutics Plc Purchase of Filtration Unit
July 29 2010 - 1:01AM
UK Regulatory
TIDMRGT
ReGen Purchases Filtration Unit in anticipation of Increased Demand for its
Nutraceutical Product - Colostrinin(TM)
29 July 2010
ReGen Therapeutics Plc ('ReGen' or the 'Company') <AIM:RGT> announces that it
has recently ordered a custom made filtration unit for use in the production of
its nutraceutical product Colostrinin(TM).
Previously ReGen has hired this equipment, which is used for a key stage in its
proprietary Colostrinin(TM) production process, performed by its contract
manufacturer Sterling Technology Inc., in Brookings, South Dakota, USA. Some of
the monies raised during the summer were to fund this important and vital
addition to the Company's assets.
When ReGen had only one major customer to service, hiring such equipment was the
prudent thing to do. With the recent signing of new licensees in Turkey and
India and anticipated developments in other markets ReGen believes that now is
the time to invest in dedicated equipment so that we are best placed to service
our current and future customers.
Colostrinin(TM) is a nutritional supplement to 'support healthy brain ageing and
cognition in humans'. It is marketed as a nutritional supplement in the US,
Canada, Australia and Poland under the brand name CogniSure(TM) *, in Cyprus
under the brand name Cognase(TM) ** and in the UK under the brand name
MemoryAid***. Colostrinin(TM) is now in the process of being launched as
Dyna(TM) in the Republic of Turkey by Eczacibasi and as Cognate (TM) by USV
Limited in India.
*CogniSure(TM) for use as a human nutraceutical is licensed in North America and
Australasia to Metagenics Inc. of San Clemente, California
(http://www.metagenics.com/).
CogniSure(TM) is distributed in Poland by Tagerr Polska, an affiliate of Tagerr
a professional services and trading company established in Köln, Germany.
(http://www.cognisure.eu/)
** Cognase(TM) is distributed in the Republic of Cyprus by Golgi Pharmaceuticals
Ltd (http://www.healthybrainaging.com/).
*** MemoryAid is distributed in the UK by PRG Nutraceuticals Ltd
(http://www.memoryaid.com/)
For further information:
Percy Lomax
ReGen Therapeutics Plc
Tel No 020 7153 4920
Roland Cornish/Felicity Geidt
Beaumont Cornish Limited
Tel No 020 7628 3396
Nick Bealer/David Scott
Alexander David
Tel No 020 7448 9820
[HUG#1434598]
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Source: ReGen Therapeutics Plc via Thomson Reuters ONE
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