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Replicel Life Sciences Inc V.RP

Alternate Symbol(s):  REPCF

RepliCel Life Sciences Inc. is a Canada-based regenerative medicine company. The Company is focused on developing cell therapies for aesthetic and orthopedic conditions, including aging/sun-damaged skin, pattern baldness, and chronic tendon degeneration. The Company’s cell therapy product pipeline is comprised of RCT-01 for tendon repair, RCS-01 for skin rejuvenation, and RCH-01 for hair restoration. RCH-01 is an autologous cell therapy utilizing dermal sheath cup (DSC) cells isolated from the hair follicle to treat androgenetic alopecia. RCS-01 is an autologous cell therapy utilizing non-bulbar dermal sheath (NBDS) cells, a type of fibroblast cell isolated from the hair follicle to repair and regenerate tissue. RCT-01 provides a source of collagen expressing cells to the site of injury, addressing the underlying cause of tendinosis. It has also developed an injection device, DermaPrecise, which improves the administration of its cell therapy products and certain other injectables.


TSXV:RP - Post by User

Post by MetzGERon Jul 11, 2022 8:08am
129 Views
Post# 34814580

Replicel terminated Shiseido's license 21.12.2021

Replicel terminated Shiseido's license 21.12.2021"We have now terminated Shiseido's license to RCH-01. In the context of our arbitration, this provides RepliCel with the widest array of remedies including damages, return of license, etc. Nothing prevents the parties from settling this dispute any time.
This is just another step in our pursuit of a resolution to this dispute in < 1 yr. RepliCel's Board and legal team remain very confident of the strength of our case. We also strongly believe in an outcome which translates into significant positive impact on RepliCel's valuation."

Let's hope
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