23rd Feb 2016 09:16
LONDON (Alliance News) - ReNeuron Group PLC on Tuesday said it has relocated its headquarters, research laboratories and manufacturing facilities to a new purpose-built building in South Wales.
The company said the building, in Pencoed Business Park, will become its headquarters from Monday.
"We are delighted to be moving ReNeuron's existing operations to our new facility at Pencoed, South Wales. When fully complete and licensed, we believe the building will house one of the world's most advanced commercial cell therapy manufacturing facilities and we look forward to continuing to work with the Welsh government to bring this important project to fruition," said Chief Executive Olav Hellebø.
ReNeuron shares were down 1.4% to 2.835 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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