Leeds-based Tissue Regenix set to support more patients after raising £14.6m

Tissue Regenix is a medical devices company in the field of regenerative medicine which was spun-out from the University of Leeds.

The company's patented decellularisation technology removes DNA and other cellular material from animal and human soft tissue leaving a "tissue scaffold" which can then be used to repair diseased or worn out body parts.

Current applications address many critical clinical needs such as sports medicine, heart valve replacement and wound care.

Gareth Jones interim CEO of Tissue Regenix commented: “We are extremely pleased with the support shown by both new and existing investors as part of this fundraise.

"We continue to experience strong demand for our products.

"This injection of additional capital will allow for the commencement of the planned manufacturing capacity expansion in the US enabling us to increase the output of our San Antonio facility, unlock additional revenues and realise new partnership opportunities we foresee potentially emerging.

"Not only do we expect this investment to provide the capacity required to scale our business and drive our commercial success, it will also increase the number of patients who can benefit from our broadened product portfolio.”

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