Elutia receives $8M escrow payment from Boston Scientific

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Go back to Elutia receives $8M escrow payment from Boston Scientific

Elutia Receives $8 Million Payment from Boston Scientific; Company Now Fully Funded into 2029

October 1, 2026 4:45 PM EDT

Boston Scientific released the full $8 million holdback on schedule and with no claimsEscrow release is the third funding catalyst Elutia has delivered in 2026, following the August closings of its Avenue Capital loan facility and SimpliDerm® divestitureThe Company is now fully funded through the first year of the expected NXT-41x launch and into 2029

GAITHERSBURG, Md., Oct. 01, 2026 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (Elutia or the Company),... More