Elutia Obtains $8M Payment from Boston Scientific; Co. Now Fully Funded into 2029
Elutia Inc. (NASDAQ:ELUT) ("Elutia" or the "Company"), a pioneer in drug-eluting biomatrix technologies, today announced it has received the full $8 million held in escrow in connection with the sale of
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Why It Matters
Elutia got $8 million from Boston Scientific that was held in escrow. Now the company has enough money to keep running until 2029.
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