Aspen Neuroscience: Receives $40M in Debt Financing From Silicon Valley Bank

Aspen Neuroscience Receives $40M in Debt Financing From Silicon Valley Bank

• Aspen Neuroscience, a San Diego, CA-based private biotechnology company developing autologous cell therapies
• Silicon Valley Bank provided the credit facility
• The company intends to use the funds to accelerate growth and expand operations
• The company combines stem cell biology with the latest artificial intelligence and genomic approaches to investigate patient-specific, restorative treatments
• The company recently announced the achievement of key pre-clinical and corporate milestones
• The company also recently announced the start of its trial ready patient screening cohort study for ANPD001