• The Company
    • Who we are
    • Partner Portal
  • Meet the Partners
  • Our Approach
  • Portfolio
    • Current Portfolio
    • Historic Portfolio
  • News
  • Contact Us
The Vertical Group
Investing for Innovation

Dane Miller, Charles Hart, and Richard Emmitt Join STR Board of Directors

1/6/2014

 
Via: STR
Soft Tissue Regeneration, Inc. Announces Financing and Appoints New Members to Board of Directors

NEW HAVEN, Conn. – Jan. 6, 2014 – Soft Tissue Regeneration, Inc. (“STR”), a developer of regenerative
orthopedic devices for tendon and ligament repair, today announced the completion of a financing and the
addition of three new members to the company’s board of directors. The $5 million financing commitment will
permit STR to complete its European Phase I clinical study and continue the FDA regulatory process for the
Company’s L-C Ligament®, a bioresorbable, implantable scaffold for the repair and regeneration of an injured
or torn anterior cruciate ligament (“ACL”). In conjunction with this financing, Dane Miller, Ph.D., Charles Hart,
Ph.D., and Richard Emmitt are joining the STR board of directors, offering deep industry expertise in medical
devices and investments.

Current investors, Connecticut Innovations and Launch Capital, led the $5 million financing and Dane Miller and
The Vertical Group also participated. The financing allows STR to complete its 15-patient Phase I clinical study
of the L-C Ligament in Europe, which enrolled the first patient in June, 2013, in The Netherlands. The financing
will also support STR’s continued regulatory and clinical activities with the United States Food and Drug
Administration (FDA) in preparation for a global pivotal clinical trial. The first tranche of STR’s $5 million
financing closed on Nov. 19, 2013.

Read More: http://softtissueregeneration.com/wp-content/uploads/2013/05/1.6.14-STR-News-Release_FINAL.pdf

Comments are closed.

    Archives

    December 2020
    November 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    December 2019
    November 2019
    October 2019
    August 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    April 2015
    March 2015
    February 2015
    January 2015
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    February 2014
    January 2014
    December 2013
    October 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013

    RSS Feed

© The Vertical Group - info@vertical-group.com
 PO 218, Berkeley Heights, NJ 07922 | (908) 277-3737
PO 5006, San Mateo, CA  94402 | (650) 566-9060
Picture
Website by Custom Dynamics