VistaGen gobbles up $1M for stem-cell research

South San Francisco-based biotech firm VistaGen Therapeutics raised $1 million in grant funding from the California Institute for Regenerative Medicine (CIRM) to distribute to researchers and other companies working on stem-cell projects linked to diabetes and neurological disorders, reports VentureWire.

VistaGen has raised about $18 million to date, reports VentureWire — including a $3.75 million bridge round snapped up in August. At the time, it dropped the possibility of seeking a $20 million fourth round of funding.

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