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BioStem Secures Up To $40 Mln Committed Equity Facility

Source: Nasdaq

Healthcare & BiotechCompany FundamentalsPrivate Markets & Venture

BioStem Technologies entered into a $40 million committed equity facility with Roth Principal Investments, an affiliate of Roth Capital Partners. The financing provides potential capital to support the regenerative-medicine company and its perinatal tissue allograft products, though the article does not specify drawdown timing or use of proceeds.

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