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Tengion Inc
Previous close
$0.000010
Market cap
400.00 USD
Avg Volume
449.00
P/E ratio
-
Dividend yield
-
Primary exchange
OTCMKTS
Market news
About
Tengion, Inc. is an American development-stage regenerative medicine company founded in 2003 with financing from J&J Development Corporation, HealthCap and Oak Investment Partners, which is headquartered in Winston-Salem, North Carolina. Its goals are discovering, developing, manufacturing and commercializing a range of replacement organs and tissues, or neo-organs and neo-tissues, to address unmet medical needs in urologic, renal, gastrointestinal, and vascular diseases and disorders. The company creates these human neo-organs from a patient’s own cells or autologous cells, in conjunction with its Organ Regeneration Platform.
Tengion declared Chapter 7 bankruptcy in December 2014, and liquidated its assets. In March 2015 its assets, including tissue engineering samples, were bought back by its creditors and former executives in March 2015. The purchase was expedited. The new owners then formed Winston-Salem based RegenMedTX. Wikipedia
Founded
2003
Headquarters
Website
Employees
25