New Chinese VC leads $10M round for a Harvard spinout looking to industrialize platelet manufacturing
A new Chinese venture group looking to bridge therapeutics into the big Asian market led a $10 million startup round for a Boston-based biotech upstart that is looking to industrialize the human platelet-making process.
Spun out of the labs of Joseph Italiano and Jonathon Thon at Brigham and Women’s Hospital and Harvard, Platelet BioGenesis now has the cash to do the preclinical work on a new process to manufacture platelets, routinely used for cancer patients or after surgery.
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