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ReNeuron wins Michael J Fox grant for stem cell research for Parkinson's
LONDON (AFX) - Stem cell therapy company ReNeuron Group PLC said it won a
research grant from Hollywood film star Michael J Fox's Parkinson's disease
foundation.
Reneuron did not disclose the size of the grant from the Michael J Fox
Foundation for Parkinson's Research. However, it said it will fund its ReN004
stem cell programme over the next year, accelerating its progress towards
trials in humans.
Reneuron said the grant will allow it to build on preclinical data showing its
ReN004 stem cell line has the potential to reverse the effects of Parkinson's
disease, and to develop a biodegradable delivery method to implant the stem
cells in Parkinson's patients.
Fox, the star of the Back to the Future movie series, suffers from
Parkinson's, a progressive brain disease which affects a patient's ability to
control movement. There is currently no cure. Fox has been active protesting
against the US government's policy restricting stem cell research.
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