Histogen raises $9.49 million

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  • macbeth81
    Senior Member
    • Sep 2014
    • 101

    #16
    I would assume these are old filings. The total raised is $25 million and their own site states they raised $26 million since 2007. The earliest date of first sale is 2007. They may have already spent this money, hence the $18 million offering they released this year. Doesn't seem anything to get excited about, they obviously need more cash.

    The Company has raised $26M since its inception in 2007, the majority of which has been used to develop its proprietary manufacturing process, submit worldwide patents, and advance the skin care and hair growth products.
    By the way, Histogen yielded little for their male subject even after two treatments. For this to work it would probably take many treatments and would become very costly flying to Japan.

    I got an email from histogen on October 31st, 2012, this is what it said As a member of the interest list for Histogens Hair Stimulating Complex (HSC), we are pleased to share updates from the ongoing Phase I/II clinical trial of HSC with you. Histogen CEO Dr. Gail Naughton presented clinical results at the International

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    • BDDFreak
      Member
      • Dec 2013
      • 77

      #17
      Thanks for sharing those pics with me macbeth. I really hope they have improved the efficacy by now. Your theory also makes sense, the only thing thats still confusing for me is that, why would they skip over form a,b, and c to get to d if this was the money raised in the beginning? The company was only started in 2007 so that initial money raised since then should def be under form a, followed by b a couple years down, then c, and now finally d. Then again im no expert in these maters :/. Wasn't there an investor of histogen on these forums that can ask them about this recent filing?

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      • willy
        Member
        • Feb 2012
        • 31

        #18
        Looks like they're getting help raising capital: http://www.prnewswire.com/news-relea...300112902.html

        NEW YORK, July 14, 2015 /PRNewswire/ -- WealthForge, a provider of turnkey technology solutions for processing private placement securities offerings, today announced they will serve as lead placement agent in a collaboration with Gar Wood Securities on Histogen Inc.'s $18M Series D round of financing.

        Histogen is a regenerative medicine company developing solutions based upon the products of cells grown under proprietary conditions that mimic the embryonic environment, including low oxygen and suspension. Through this unique technology process, newborn cells are encouraged to naturally produce the vital proteins and growth factors from which the Company has developed its rich product portfolio. Histogen's technology focuses on stimulating a patient's own stem cells by delivering a proprietary complex of multipotent human proteins that have been shown to support stem cell growth and differentiation.

        In May 2015, Histogen opened its Series D financing round to support clinical development of its Hair Stimulating Complex (HSC), including a US Phase I clinical trial in female diffuse hair loss patients and a late-stage HSC trial in male pattern hair loss, expand its manufacturing capability, and to support preparation for an initial public offering (IPO).

        "Histogen is pleased to partner with WealthForge on this financing raise," said Dr. Gail K. Naughton, CEO and Chairman of the Board of Histogen. "WealthForge's platform and services will not only ensure our SEC compliance for these transactions, but will facilitate the investment process for our new shareholders."

        WealthForge helps firms raising private capital utilizing cutting-edge technology that enables the compliant processing of private placements. Their solution takes a traditionally cumbersome, risk-laden and manual transaction and transforms it into a faster, easier and more compliant process.

        "At WealthForge, our mission is simple - to lower costs throughout the entire private placement process." Arthur Weissman, Head of Sales and Marketing said. "We're proud to work with a partner like Histogen to help them scale their business by making the process of raising private capital faster and more compliant than ever before."

        In an effort to support Histogen, WealthForge is working closely with Gar Wood Securities, an experienced broker-dealer in the industry.

        "We are very excited about the development in stem cell research and are thrilled to be working with Dr. Gail K. Naughton, as she and her team prepare for their next phase of testing," said Robert Jersey, President and CEO of Gar Wood Securities, LLC.

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        • JayM
          Senior Member
          • Apr 2015
          • 413

          #19
          Well they are certainly doing something then haha. I would probably get both replicel and this done. Because even if they have magical results and the regrowth is amazing, which is stretching it abit, the whole reason we are balding is still there. If replicel shows to protect against that then we have a winner.

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          • FearTheLoss
            Senior Member
            • Dec 2012
            • 1589

            #20
            This is great news because if they can get the funding this will be out within a year and a half in Japan and we know it works to prevent loss

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            • hellouser
              Senior Member
              • May 2012
              • 4423

              #21
              Originally posted by lacazette
              This round will provide capital for development of its HSC program, including a US Phase I clinical trial in female diffuse hair loss patients and a late-stage HSC trial in male pattern hair loss, expand its manufacturing capability, other corporate purposes and to support preparation for an initial public offering (IPO)

              "expand its manufacturing capability and to support preparation for an initial public offering" , like that kind of words
              PLEASE DEAR GOD NO MORE US CLINICAL TRIALS!!

              What a WASTE of time that would be to bother with USA and the FDA. Just get it released in Japan and call it a day! My money's going into the Japanese economy. USA will learn the hard way.

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              • tedwuji
                Senior Member
                • Jun 2014
                • 478

                #22
                Originally posted by hellouser
                PLEASE DEAR GOD NO MORE US CLINICAL TRIALS!!

                What a WASTE of time that would be to bother with USA and the FDA. Just get it released in Japan and call it a day! My money's going into the Japanese economy. USA will learn the hard way.

                Use in Japan would be great, but FDA approval in USA is a slamdunk worldwide for them.

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                • Scientalk56
                  Senior Member
                  • Nov 2012
                  • 282

                  #23
                  Ok, they raised millions, Did they start the clinical trials?! NO..

                  Bullshit

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                  • Reign
                    Member
                    • Nov 2014
                    • 30

                    #24
                    I was told they are "one clinical trial away before HSC will be introduced."

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                    • JayM
                      Senior Member
                      • Apr 2015
                      • 413

                      #25
                      By who?

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                      • FearTheLoss
                        Senior Member
                        • Dec 2012
                        • 1589

                        #26
                        their CEO stated it last year at the stem cell conference on the Mesa.

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                        • joachim
                          Senior Member
                          • May 2014
                          • 562

                          #27
                          i still think histogen is dead and will never reach the market. mark my words. even if they manage to launch a product in 4 or 5 years, by that time we should have better alternatives. still no full cures though.

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                          • Reign
                            Member
                            • Nov 2014
                            • 30

                            #28
                            Originally posted by JayM
                            By who?
                            What FTL said plus via email when I sent in an inquiry.

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                            • gsquare
                              Junior Member
                              • Dec 2022
                              • 1

                              #29
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