In July Histogenics Corp. raised $49 million in a Series A recap round that will help it complete a Phase III clinical trial in articular cartilage repair. The deal highlights the success of Histogenics’ novel strategy for getting through the mid-stage funding gap.
A year ago, Histogenics was struggling through that awkward point in a start-up’s life: the mid-stage funding quagmire, a place where investors don’t like to set foot these days. Early-...
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