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Redx Rises Out Of Administration With R&D Refocus

 
• By Kevin Grogan

After a tough summer, the UK firm has exited insolvency with new management and programs in cancer and fibrosis, having decided to shut down its anti-infectives business.

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After a tough six months Redx has emerged from administration and relisted • Source: Shutterstock

The UK's Redx Pharma PLC is open for business again with new management and has returned to the stock market almost six months since its shock slide into administration.

In May, investors were stunned to hear that Redx shares had been suspended following a loan repayment dispute with Liverpool...

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