BOSTON – Cambridge, Mass.-based Vericel Corp. reported the closing of an underwritten public offering of more than 5.7 million shares of its common stock at a price of $13 per share. The gross proceeds, expected to be about $74.8 million, will be used for general corporate purposes and to expand its business by in-licensing or acquiring assets. BioWorld MedTech caught up with Gerard Michel, chief financial officer and vice president of corporate development of Vericel, at the Biotechnology Innovation Organization's 2018 Conference to learn more about the company's plans.