FinTechFunding

Aspen Neuroscience: Receives $40M in Debt Financing From Silicon Valley Bank

Aspen Neuroscience Receives $40M in Debt Financing From Silicon Valley Bank

  • Aspen Neuroscience, a San Diego, CA-based private biotechnology company developing autologous cell therapies
  • Silicon Valley Bank provided the credit facility
  • The company intends to use the funds to accelerate growth and expand operations
  • The company combines stem cell biology with the latest artificial intelligence and genomic approaches to investigate patient-specific, restorative treatments
  • The company recently announced the achievement of key pre-clinical and corporate milestones
  • The company also recently announced the start of its trial ready patient screening cohort study for ANPD001
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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