Wednesday, May 11, 2016

HISTOGENICS CORPORATION ACQUIRES NEOCART® DEVELOPMENT AND COMMERCIALIZATION RIGHTS FOR JAPANESE MARKET

Developing Plans to Re-Engage with Japanese Regulatory Authorities and Seek Development and Commercialization Partners in Japan
 
WALTHAM, Mass., May 11 (Bernama-GLOBE NEWSWIRE) -- Histogenics Corporation (Histogenics) (Nasdaq:HSGX), a regenerative medicine company focused on developing and commercializing products in the musculoskeletal space, announced that it has acquired the development and commercialization rights to NeoCart for the Japanese market from its long-time development partner Purpose Co., Ltd (Purpose).  This agreement is the next step in Histogenics’ strong and evolving relationship with Purpose and provides Histogenics the opportunity to capitalize on the recent advancements in regenerative medicine regulatory pathways in Japan.


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