ReNeuron moving to purpose-built labs in Wales
ReNeuron's office, laboratory and manufacturing staff were preparing for a space upgrade this week, with the firm announcing it was moving from Guildford to Pencoed in South Wales.
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The AIM-traded stem cell therapy development company said the new location was purpose-built, and would contain its headquarters, research laboratories and manufacturing facilities.
ReNeuron said the fit-out of the offices and laboratories at the site was complete, and work was continuing on the fit-out and eventual validation and licensing of the manufacturing areas of the facility.
"We are delighted to be moving ReNeuron's existing operations to our new facility at Pencoed, South Wales," said chief executive officer Olav Hellebø.
"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," he added.
ReNeuron would move to the Pencoed facility on 29 February.