Articles

Putting liver on a chip

Battelle Ventures spins out Hepregen, commits $5 million to develop microliver platform.
Written byLloyd Dunlap
| 3 min read

PRINCETON, N.J.—With a $5 million commitment from Battelle Ventures LP and its Tennessee affiliate, Innovation Valley Partners, Hepregen Corp. has been spun out from the Massachusetts Institute of Technology (MIT).

The company's first goal will be advancing and commercializing a microliver platform into the drug development pipeline for the pharmaceutical and biotechnology sectors, says Battelle Ventures General Partner Mort Collins. Hepregen received the first $3 million from the funds last summer, with the additional $2 million available at management's request.

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