It’s been awhile since we’ve provided an update on our progress; I’ve found out that the monthly emails oftentimes get lost in people’s inboxes, so our team is going to make a conscientious effort to update our site more often, especially with Niall on board – our new team member and blogger.
Right now we are shifting our efforts to turn Foregen into the nonprofit it is to a standard C-corp, for-profit model, which is what almost all life science companies operate as. This will allow us to raise significant rounds of financing to support our research full-time and more expediently bring a foreskin regeneration therapy to the public.
One of the investment communities we are involved in is called XTecher – it is a Chinese-American investment community focused on cutting-edge technology in the Harvard / MIT area in Cambridge, MA. Since I work part-time at Harvard on various projects, I often attend the events they host. Recently they invited me to make a short clip of our pitch to post on their platform:
Click on the Image above to Link to YouTube Video Update
In the next couple months expect big updates. The laws are changing and with it it may be possible for us to equity-crowdfund… meaning if you believe in Foregen’s mission for ethical, scientific, or economic reasons, you will have the opportunity to invest in company stock to not only bring the therapy to market but also to make a sizable return granted our success.
Stay tuned for more updates and thank you again for all the support you have shown us so far.