inRegen sold certain assets to Orgagen
- Background: InRegen, with headquarters in the Cayman Islands, is a leader in three-dimensional regenerative medicine.
- Cassel Salpeter:
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- Served as exclusive financial advisor to the Company in its divestiture of the Neo Urinary conduit assets
- Ran a competitive sales process for the assets and assisted the Company in evaluating offers received
- Assisted in the structuring, negotiating, and closing of the transaction
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- Challenges:
- Complex technology
- Small universe of potential buyers
- Challenges:
- Outcome: On December 31, 2018, InRegen closed on the sale of the Neo Urinary Conduit assets to Orgagen, Inc.