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Carmell Therapeutics Completes Series A Financing to Advance the Development of Novel Bioactive Plastics
Date:4/15/2011

es that the opportunity for innovation in healthcare has never been greater and western Pennsylvania is ripe with investment opportunities," says Bill Newlin, Chairman of Newlin Investment Company. Mr. Newlin continues, "Carmell is a start-up company with a superior technology and a team with the vision and ability to deliver on a huge opportunity. I have a personal commitment to the cultivation of regional innovation and talent and look forward to the continued growth and success of this promising company."

About Carmell Therapeutics Corporation

Carmell Therapeutics manufactures novel biomaterials from blood plasma containing a concentration of natural growth and regenerative factors to accelerate the repair of injured tissues. Representing an exciting new paradigm in tissue repair, these natural wound healing catalysts retain the bioactivity of platelet and plasma-derived growth factors and have been shown to encourage the healing of both soft (tendon) and hard (bone) tissues. Carmell is focused on developing products to treat injuries to connective tissues (bone, tendons, ligaments, and cartilage), offering accelerated healing and better clinical outcomes. www.carmellrx.com

About Harbor Light Capital Partners

Harbor Light Capital Partners is a private investment firm seeking to invest in early and growth stage companies. Their unique approach combines flexible capital and collaborative support to build successful, sustainable operating companies. Harbor Light's legacy, values, and experience provide the guiding light for superior results.  

About Newlin Investment Company

Newlin Investment Company is a longer-term investor focusing on building value by working collaboratively with management to create substantial value for the company and the fund. Newlin is an active early stage and growth stage investor. In the past year, Newlin has invested in four Carn
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