A lot of you guys have taken the email from Dr Gail Naughton out of context.

Dr Gail Naughton has sent the following email to my friend to inform you that HSC is NOT having funding problems - just that Histogen could move forward faster with MORE FUNDS!



From Dr Gail Naughton:

Hi,

You must have taken my e-mail out of context because I am being inundated with e-mails asking if we’ve stopped working on HSC because of lack of funding. That is not the case and not what I said. We have continued to make real progress. My statement about funds was linked to the fact that with surplus funds we could move for a multi country approval in parallel.

Please correct the perception. Your readers should be excited about our results.
Thanks

Gail
So with surplus funds they could move forward a lot faster. They are not having funding problems, they could just move a lot faster with more income.