Essex Woodlands Invests $17M in AxoGen

AxoGen announced that it sold roughly $17 million in stock to Essex Woodlands. AxoGen makes peripheral nerve-repair products and Woodlands is an investment first that specializes in healthcare companies. With the new funding, AxoGen plans to drive its current marketing program, enter new markets, and develop additional nerve-repair products.

With this investment, Woodlands now has a stake of 16% percent in AxoGen’s stock shares. For the first quarter, AxoGen reported revenues of $4.95 million but has a net loss of $3.6 million. Additionally, with the investment, Essex operating partner Guido Neels joins AxoGen’s board of directors. With Guido’s 40 years of experience in healthcare, AxoGen can look forward to a profitable quarter.

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Virginia MacKoul

Virginia is a graduate from the University of Florida's College of Design Construction and Planning with a degree in Sustainability and the Built Environment, and a minor in Urban Regional Planning. Virginia joined the Front Street team in 2011, as an intern. Upon graduation, Virginia joined the Front Street team full-time as the Director of Client Services. Ms. MacKoul’s addition furthers Front Street’s continued growth and expansion within Gainesville and other North Central Florida markets. She was promoted to Director of Marketing in 2014 and now manages the firm’s team of interns and oversees all marketing and branding activity. Virginia was born in Boston and moved to Lee County, Florida in 1997. Virginia graduated her high school's International Baccalaureate program and started at the University of Florida with a focus on Architecture. Virginia shares Front Street's passion of giving back to the community and those in need. Virginia's hobbies include photography, cooking, football, movies, music, and spending time with her dog, Brinkley.

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