NEW YORK (GenomeWeb News) - Pressure BioSciences said today that it has raised $1.8 million in a private placement that closed on Thursday, Feb. 12.

The company expects the financing to keep it afloat through mid-2010. In December, the firm said that it only had enough cash to last until the middle of this year and laid off eight staffers in a restructuring in order to cut costs.

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.