Lumicell Stock

Lumicell, Inc., a Wellesley, Mass.-based technology leader in the field of image-guided cancer surgery, raised $28.7M in Series C financing. Backers included Launch Capital and BlueIO. The company intends to use the funds to continue to develop its LUM system pipeline including plans to initiate its pivotal trial in breast cancer as well as expansion …

Lumicell has raised $20.7 million over the past three months, according to a regulatory document filed with SEC last week. More than 20 investors have contributed to the $26.5 million equity offering, the Wellesley, Mass.-based company reported, including one investor outside of the U.S. Get the full story at our sister site, Drug Delivery Business News.