Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fde22cf5-50de-4485-a2ae-2ce919adb28d
Date 10/20/2015
Company Name Humacyte
Mailing Address 7020 Kit Creek Rd. Morrisville, NC 27560 USA
Company Description Humacyte’s core technology is the engineering of human-based tissue scaffolds that can be shaped into tubes, sheets, or particulate conformations and can be applied to many specific applications.
Proceeds Purposes The funding will support the upcoming global Phase III clinical trials of Humacyte’s investigational human acellular vessel (HAV), HUMACYL, currently being developed to provide vascular access for patients with End Stage Renal Disease (ESRD) who require hemodialysis, a process of cleansing blood for patients whose kidneys no longer function adequately. Funding will also support the development of future pipeline products with the potential to improve treatment outcomes for patients with a variety of vascular and non-vascular diseases, such as Coronary Artery Bypass, Replacement Trachea and Esophagus, and bypass for Peripheral Arterial Disease.