StemBioSys, a San Antonio company that manufactures and develops stem cell technologies in the regenerative medicine field, has landed $2,377,802.
It still seeks $5,622,198, according to the regulatory filing. The company is in a quiet period of funding right now, Chairman of the Board Dr. Steve Davis said.
That period should end Aug. 5, so be sure to check back here for more news as the story develops.
The Power of One: Redefining Healthcare with an AI-Driven Unified Platform
In a landscape where complexity has long been the norm, the power of one lies not just in unification, but in intelligence and automation.
According to the company website, the “centerpiece” of its expansion is the “XC-marrow ECM™, a patented “extracellular matrix” laid down by human bone marrow mesenchymal stem cells (MSCs)–a 3D microenvironment that allows stem cells to replicate more rapidly and with greater preservation of stem cell phenotypes (“stemness”) than traditional tissue culture plastic. It allows SBS to grow stem cells from sources such as adipose tissue, bone marrow and umbilical cord blood, opening up potential for research, pharmaceutical and novel clinical uses.”
Officers include Davis, Chief Scientific Officer Dr. Xiao-Dong Chen, Edward “Sy” Griffey and CEO Peter Savas.