Hardman Research: Addressing woundcare in the US

RNS Number : 1719Z
Tissue Regenix Group PLC
13 March 2017
 

Hardman Research: Addressing woundcare in the US

Addressing woundcare in the US:  TRX has a broad portfolio of regenerative medicine products developed from decellularised human and porcine tissues for the wound care, orthopaedics, and cardiac markets. Sales of DermaPure have continued to gain traction in the US following launch in 2014 - growth in 1H 2016 was +128%. Since launch, the focus has been on expanding Medicare coverage, but recent news has been about increasing access into both in- and out-patient populations through GPOs and the Veterans Association. This further strengthens DermaPure's commercial position, in line with the company's strategy, and underpins our forecasts for fiscal 2017. 

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http://hardmanandco.com/docs/default-source/company-docs/tissue-regenix--documents/13.03.17-addressing-woundcare-in-the-us.pdf

 

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About Hardman & Co: For the past 20 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge.  Our focus is to raise companies' profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case.

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