www.wbjournal.com • Worcester Business Journal • 2 018 Economic Forecast 15
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8.1MW Worcester Solar Landfill UMASS Medical Center, Worcester
of its 24 employees. The Nasdaq final-
ized its plans to delist the company in
December.
"Over the past 60 days we preserved
our technology by securing all the
data, know-how and mission-critical
resources," he said. "What has emerged
is a smaller company with a reduced
cash burn and with all critical func-
tions, partnerships, know-how, and
assets in place."
The private placement and funding
is expected to occur later this month,
Biostage said.
Biostage CEO Jim McGorry (left) and Chief Medical Officer Saverio La Francesca
W
