Dublin, OH – According to filings with the U.S. Securities and Exchange Commission, ParaGen Technologies is raising $10,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Ross Kayuha played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About ParaGen Technologies
ParaGen Technologies aims to redefine tissue engineering by addressing the problems associated with synthetic and biologic implants; while incorporating their advantages. The company is utilizing synthetic nanofiber scaffolds that promote healing by mimicking the physical structures found naturally in the body. ParaGen Technologies is launching medical device companies that tailor this technology to meet the needs of specific clinical verticals.

To learn more about ParaGen Technologies, visit http://www.paragentechnologies.com/

Contact:
Ross Kayuha, Chief Executive Officer
614-824-5892
rkayuha@paragentechnologies.com

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