ReNeuron Group PLC is planning "world domination" for stem cell therapy use in ischemic stroke, says CEO Olav Hellebø; the UK biotech wants to commercialize its potential blockbuster therapy alone in the US and Europe, but seek a local partner to help conquer the market in Japan.
ReNeuron's lead compound, CTX (ReN001), is being developed as a cell therapy treatment to reverse the functional deficits associated with stroke disability. The company expects to launch a pivotal Phase III trial in the first half of 2018, once it has secured a Regenerative Medicine Advanced Therapy (RMAT) designation for the product in the US
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