Advanced BioHealing Gets $25.5M

La Jolla-based Advanced BioHealing, a firm developing treatments that accelerate wound healing, said this morning that it has raised $25.5M in a Series C financing. The round was led by Safeguard Scientifics, and also included Channel Medical Partners, and Red Abbey Venture Partners, along with existing investors Canaan Partners and Wheatley Partners. The firm currently has an approved treatment for treating diabetic foot ulcers. More information »