As the Massachusetts Life Sciences Center (MLSC) launched the seventh round of its Accelerator Loan Program on January 4, 2013, the MLSC also announced that Lexington-based Avaxia Biologics Inc., an Accelerator company awarded $375,000 in 2010, has paid back its loan early after successfully raising $6.4 million in its Series B financing round. The company’s repayment totaled $459,362.
