Sacramento Firm Nabs $5M for Stem Cell Harvesting
Sacramento-based SynGen announced that it received $5 million in funding from the San Francisco venture capital firm Bay City Capital to further develop its stem cell harvesting systems. SynGen will use the funding to develop, market and obtain regulatory approval for SynGen-1000, which harvests stem and progenitor cells for use in various treatments.
- "Sacramento Firm Gets $5 Million for Development of Stem-Cell Harvesting Systems" (Glover, Sacramento Bee, 4/19).