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AIVITA Biomedical reels in $25m

Irvine, California-based AIVITA Biomedical Inc, a biotechnology company specializing in stem cell applications, has raised $25 million in funding.

Irvine, California-based AIVITA Biomedical Inc, a biotechnology company specializing in stem cell applications, has raised $25 million in funding. AIVITA’s backers include Matthew Katz, an entrepreneur and investor who has been appointed to AIVITA’s board of directors and several unnamed healthcare-focused venture capital firms.

Source: Press Release