Salt Lake City-based PolarityTE’s plans to heal burn wounds by helping skin regenerate has Wall Street’s attention: Company co-founder, CEO and chief scientific officer Denver Lough rang the closing bell Monday at the NASDAQ stock exchange.
Operating out of University of Utah Research Park, PolarityTE is developing a product called SkinTE. The company says its technology will be able to regenerate a burn survivor’s healthy skin tissue so that it can be used to heal severe burn wounds with minimal scarring. The company expects to test its process on humans later this year, executives said in June. The regenerated skin also will develop hair follicles, Lough said.