NZ company growing new skin for burn victims

A Kiwi biotechnology company which has found a way to grow bigger-than-A5 sheets of replacement human skin says the product might be ready to start clinical trials on burn patients in 2020 or 2021.

Upside Biotechnologies, a company which spun out of the University of Auckland’s immunology research area, announced this week it has raised $2 million in a convertible notes issue from existing investors.

And it is preparing for a $10m to $15m capital raising later this year, which will hopefully take it into clinical trials 12-15 months after that.

Read more

Please follow and like us:
« »