Regentis Biomaterials raises $15M in series D funding: 5 points

Regentis Biomaterials closed a series D investment round on Feb 5.

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Here are five points:

 

1. The company raised $15 million during the financing round.

 

2. The investment was led by Haisco Pharmaceutical Group, a Chinese pharmaceutical manufacturer.

 

3. The investment will be used primarily for conducting a pivotal clinical trial on Regentis Biomaterials’ GelrinC in the United States.

 

4. GelrinC is a proprietary hydrogel-based product. It is implanted as a liquid and is cured in-situ to form a resorbable implant.

 

5. It is intended for patients suffering from cartilage injuries.

 

More articles on devices:
Stryker buys Physio-Control for $1.28B in 3rd February 2016 acquisition: 6 key note
Medtech sells ROSA system in France: 3 things to know
Quantitative Systematic Strategies ups stake in NuVasive stock by 148.9%: 5 points

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