Semma Therapeutics closes $114m round to advance cell therapy for Type I diabetes

Semma Therapeutics has closed an oversubscribed $114 million Series B round to help fund the development of its encapsulated stem cell-derived islet therapy for Type I diabetes.

The Cambridge, Mass.-based company reported that it plans to use the newly-acquired funds to bring its cell therapy through clinical proof-of-concept studies, as well as explore other regenerative medicine therapies.

Get the full story at our sister site, Drug Delivery Business News.

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