(MENAFN- ProactiveInvestors - UK) Stem cell specialist ReNeuron Group (LON:RENE) will start life in new facilities in Wales next month.
From February 29 the firm said its headquarters research laboratories and manufacturing facilities will be housed in a new purpose-built building on the Pencoed Business Park just off the M4 in South Wales. Previously the firm was based in Guildford.
Olav Helleb chief executive said: "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."
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