Tissue Regenix Learns From Old Mistakes

.

Tissue Regenix Learns From Old Mistakes

As per reports, it has been revealed that Regenerative tissue specialist Tissue Regenix, has revealed that they have suffered less pre-tax loss this year in comparison to last year. The company has reported pretax loss of £3 million in its unaudited preliminary results, which is £2.7 million down from the loss, they suffered in 2011.

Antony Odell, who is Managing Director of the company, was of the view that they have learnt from their mistakes. He further affirmed that earlier, they used to invest only in their product, which led them suffer from loss. It is now that they have understood to make advancements in the business.

Odell said that this year is one of the most important years of the company, which is situated in York Science Park. “The December 2011 fund raising, as well as providing a significant endorsement of the commercial potential of our innovative technology platform, has enabled us to progress simultaneously”, he further affirmed.

They have understood that where they need to make investments. Odell said that he hopes to become a significant global player in the regenerative medicine market. In addition, they are thinking to bring advancements in their technology which will help them in several programmes in 2012.


Latest News

PPIC’s Poll Reveals Californians Divided in Opinion on Climate Change Impacting
Chairman Says the Boeing Company May have to Move Some Operations Overseas if Ex
Facebook Second Quarter Earnings Surpass Analysts’ Expectations but Growing Expe
Overcharging Scandal Takes a Toll on Whole Foods Earnings
Yelp Trims Third Quarter Earnings Forecast Also Announces Departure of Its Chair
Solvay, the Belgian Chemical Group to Acquire U.S. Cytec for $5.5 billion
Reports Say Amazon Suggests Dividing Airspace into Zones for Delivery Drones
Federal Reserve Expected to Stay Focused on Rate Hike Plan in September
Oil Prices Drop Near Four-Month Low as Supply Glut and Chinese Economy Increases
Reportedly A.G. Lafley to Pass Reigns of P&G CEO to David Taylor
Baidu Profits in Second Quarter Offset by Higher Expenses
Economists Predict Solid Revenue Growth for Vermont