Maryland has invested $500,000 in Cytomedix Inc., a regenerative medicine company in Gaithersburg.
The investment was made through the state’s Maryland Venture Fund and InvestMaryland program. The state said the money is part of a $27.5 million fundraising round by Cytomedix (OTC: CMXI) that will result in the company adding 13 new employees to its current staff of 55.
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