Holliston biotech Biostage has appointed another medical professional to its scientific advisory board as the company continues its makeover following a near bankruptcy position just months ago.
Holliston biotech has appointed a Connecticut children's hospital doctor to its scientific advisory board less than a month after the company closed on a $100,000 investment from the same hospital.
Holliston medical device maker Harvard Bioscience is set to acquire a Minnesota biomedical firm for $70 million, simultaneous to a $20-million sale of Harvard's subsidiary Denville Scientific.
What's it like to bring a company back to life after near bankruptcy? Jim McGorry, CEO of Holliston biotech Biostage, explains how the company never lost faith.
Holliston-based Biostage announced Wednesday the closing of a $4.2-million private investment primarily with a Chinese investment group and a Connecticut children's hospital.
In order to complete a $4-million deal with a private investor and save the company from insolvency, Holliston biotech Biostage has performed a 20:1 reverse stock split.
Two months after laying off more than 70 percent of its workforce and being delisted from Nasdaq, Holliston biotech Biostage announced on Thursday a $4-million private investment.