Aldagen

News

Stem cell therapeutics firm Aldagen acquired by Cytomedix in stock deal

Regenerative medicine company Cytomedix (OTC:CMXI) has acquired North Carolina stem cell technology company Aldagen in a stock deal valued at $40 million that broadens the firm’s regenerative therapies pipeline. Maryland-based Cytomedix develops biologically active regenerative therapies for wound care, inflammation and blood vessel development. The company has been diversifying to build its regenerative medicine capabilities. […]

Pharma

Stem cell therapeutics firm Aldagen expands fundraiser to $645K

Stem cell technology company Aldagen, which last year withdrew initial public stock offering plans that could have raised up to $80 million to finance R&D and clinical trials, is now raising money in much smaller increments. The Durham, North Carolina company is trying to raise $645,004, according to an amended securities filing — $120,000 more […]

News

Stem cell therapy firm Aldagen withdraws plans for $80M IPO

Stem cell therapy company Aldagen is pulling back on its plans for an initial public stock offering. The Durham, North Carolina-based company said in a Tuesday filing with the Securities and Exchange Commission that it is withdrawing its IPO plans “due to market conditions.” The company in 2009 filed a registration statement seeking to raise […]