InGeneron ups funding for rotator cuff tendinopathy trial
Texas-based regenerative medicine and cell therapy company InGeneron has raised a further $23 million to advance a pivotal program in rotator cuff tendinopathy, a degenerative and often chronic condition found in a person’s shoulder.
The Series D financing has been supported by InGeneron’s clinical partner Sanford Health, one of the largest integrated health systems in the USA. The investment is structured in various tranches linked to progress in the company’s development.
Last month, InGeneron announced the enrollment of the first patients in its rotator cuff tendinopathy pivotal trial.
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