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AcelleRX Receives $6.9 Million Investment

Thursday, October 09, 2008

Excerpt of story provided by Crain's Cleveland Business
Written by Chuck Soder

AcelleRX Therapeutics Inc., a Cleveland Clinic spinoff company, has received a $6.9 million investment that will finance the first clinical trial of its cardiovascular stem cell therapy...

...The company’s lead product, Stromal Derived Factor-1, is given to patients following heart attack or heart failure. It works to repair damaged tissue by promoting cell survival, recruiting stem cells and improving blood flow to damaged tissue...

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