Thursday, May 7, 2009
Cytori Therapeutics Gains $4.2M in PIPE
San Diego-based Cytori Therapeutics said Thursday that it has raised approximately $4.2M in a private placement with undisclosed investors. The publicly held firm said the funding will go towards sales and marketing of its products. Cytori is developing products used for cosmetic and reconstructive surgery, as well as for stem cell research.