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InVivo Therapeutics

InVivo closes $15m round

June 26, 2018 By Fink Densford

InVivo Therapeutics (NSDQ:NVIV) said today it closed a new public offering, bringing in approximately $15.2 million. In the round, the Cambridge, Mass.-based company floated 388,000 shares and another 388,000 warrants at a combined price of $2 per unit, plus 6.2 million pre-funded warrants and 6.2 million standard warrants at $1.99 apiece. The round also included an […]

Filed Under: Business/Financial News, Funding Roundup, Wall Street Beat Tagged With: InVivo Therapeutics

InVivo Therapeutics prices $13m offering

June 21, 2018 By Brad Perriello

InVivo Therapeutics (NSDQ:NVIV) today priced a public stock offering worth more than $13 million for the neurospinal scaffold it’s developing to treat spinal cord injuries. Cambridge, Mass.-based InVivo said it plans to float some 388,000 shares and another 388,000 warrants at a combined price of $2 per unit, plus 6.2 million pre-funded warrants and 6.2 million […]

Filed Under: Funding Roundup, Regenerative Medicine, Wall Street Beat Tagged With: InVivo Therapeutics

InVivo prices $11m offering

June 15, 2018 By Fink Densford

InVivo Therapeutics (NSDQ:NVIV) has registered for a new offering of shares and warrants that could bring in approximately $11 million, according to an SEC filing. In the offering, the company will look to float approximately 1.5 million shares and 1.5 million Series A warrants at $7.40 per share. InVIvo Therapeutics has not yet announced the exercise […]

Filed Under: Business/Financial News, Funding Roundup, Wall Street Beat Tagged With: InVivo Therapeutics

UPDATE: InVivo shares surge on release of 6-month results from cancelled Inspire trial

May 2, 2018 By Fink Densford

InVivo Therapeutics (NSDQ:NVIV) today has seen shares rise as much as 75% after it released complete six-month results from the company’s Inspire study of its neuro-spinal scaffold, which it ended in January after halting enrollment last July. Results were presented by Dr. Stuart Lee of Vidant Health at the 2018 AANS meeting yesterday, the Cambridge, Mass.-based […]

Filed Under: Clinical Trials, Spine Tagged With: InVivo Therapeutics

InVivo Therapeutics registers $8m offering

April 26, 2018 By Fink Densford

InVivo Therapeutics (NSDQ:NVIV) today registered for an upcoming offering, looking to raise approximately $8 million, according to an SEC filing. In the offering, the Cambridge, Mass.-based company will look to offer shares of common stock and Series A warrants. The offering is slated to include a 45-day underwriter’s option for the purchase of additional shares, according […]

Filed Under: Business/Financial News, Funding Roundup, Wall Street Beat Tagged With: InVivo Therapeutics

InVivo plans 1-for-25 reverse stock split

April 9, 2018 By Fink Densford

InVivo Therapeutics (NSDQ:NVIV) said today it is initiating a 1-for-25 reverse split of its stock, looking to put a single share in the hands of its shareholders for every 25 shares they previously owned. The move will reduce the company’s authorized shares from 100 million to just four million, the Cambridge, Mass.-based company said, and is […]

Filed Under: Business/Financial News, Wall Street Beat Tagged With: InVivo Therapeutics

InVivo wins FDA nod for new pivotal trial of its neuro-spinal scaffold

March 8, 2018 By Fink Densford

InVivo Therapeutics (NSDQ:NVIV) said today it won FDA investigational device exemption for a new pivotal trial of its neuro-spinal scaffold after ending the previous Inspire study of the device in January. The Cambridge, Mass.-based company’s neuro-spinal scaffold is a novel, biodegradable device designed to be surgically implanted following acute spinal cord injuries to act as a physical […]

Filed Under: Clinical Trials, Food & Drug Administration (FDA), Neurological, Regulatory/Compliance, Spine Tagged With: InVivo Therapeutics

Facing legal woes, PixarBio takes aim at InVivo

February 27, 2018 By Sarah Faulkner

PixarBio (OTC:PXRB) faces its own legal problems: a possible lawsuit by the SEC, legal action by a disgruntled employee who is demanding unpaid wages and former landlords looking for $1.8 million in unpaid rent. But the 7-person biotech is also looking to launch some litigation of its own, according to a recent document it filed with the SEC […]

Filed Under: Legal News, Pain Management, Pharmaceutical, Wall Street Beat Tagged With: InVivo Therapeutics, PixarBio

InVivo Therapeutics lifts Toselli to permanent prez, CEO | Personnel Moves February 6, 2018

February 6, 2018 By Fink Densford

InVivo Therapeutics (NSDQ:NVIV) said yesterday it made Dr. Richard Toselli’s spot in the corner office permanent, lifting him from acting CEO to prez and CEO. Dr. Toselli will maintain his position on the company’s board and as its chief medical officer, the position he was given when he joined the company last July. Prior to joining InVivo, […]

Filed Under: Business/Financial News Tagged With: Alcon, Baxter, Boston Scientific, Faxitron, GE Healthcare, InVivo Therapeutics, Johnson and Johnson, Lima Corporate, Luxottica, Medizone, Medtronic, performancehealth, Respicardia, Robocath, Sanofi-Aventis, T2 Biosystems Inc.

InVivo Therapeutics inks $15m share purchase agreement

January 26, 2018 By Fink Densford

InVivo Therapeutics (NSDQ:NVIV) said today it inked a stock purchase agreement with Lincoln Park Capital Fund to sell up to $15 million in shares over a two-year period. The new agreement comes with conditions and limitations, including giving the rights to InVivo to control the timing and amount of sales of stock and that the purchase […]

Filed Under: Business/Financial News Tagged With: InVivo Therapeutics

InVivo to end Inspire trial despite meeting primary endpoint, plans new study

January 3, 2018 By Fink Densford

InVivo Therapeutics (NSDQ:NVIV) today released updated results from the Inspire study of its neuro-spinal scaffold but said that it would not be reopening enrollment, which it paused last July, and is instead looking to a new randomized controlled trial to supplement the results. The Cambridge, Mass.-based company said that 43.8% of the 16 living patients in the […]

Filed Under: Clinical Trials, Food & Drug Administration (FDA), Spine Tagged With: InVivo Therapeutics

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