CAMBRIDGE, Mass.--(BUSINESS WIRE)-- InVivo Therapeutics Holdings Corp. (NVIV), a developer of groundbreaking technologies for the treatment of spinal cord injuries (SCI) and Neurotrauma, today hosted a ribbon cutting ceremony for the companys new office, manufacturing and lab space at One Kendall Square, Building 1400 in Cambridge, Massachusetts. Consolidating all of InVivos operations, the 21,000 square foot facility will serve as the new headquarters for the company. Speakers at the event included InVivo Therapeutics co-founder and CEO Frank Reynolds; Massachusetts Life Sciences Center President & CEO Susan Windham-Bannister, PhD; MassBio Director of Economic Development & Global Affairs Peter Abair; and Mike Ferriter, a founder and Board member of the Greater Boston Chapter of the National Spinal Cord Injury Association. InVivo Therapeutics received $500,000 in early-stage loan financing through the Massachusetts Life Sciences Centers Accelerator Program in 2009 when the company had six employees. The company has since raised $35 million in public financing and has grown to over thirty employees. The Life Sciences Center is the agency charged with implementing the states ten-year, $1 billion Life Sciences Initiative. InVivo is committed to developing and bringing new therapies to help individuals suffering from spinal cord injuries and other neurological conditions to the … Continue reading
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