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Cytovale raises $84M in series C funding
Medical technology firm Cytovale has raised $84 million in a series C financing round that the firm says it will use to expand the commercialization of its 10-minute IntelliSep test.
November 16, 2023
GeneDx to eliminate 10% of workforce, secures $75M in financing
As part of a plan to reduce its annual operating expenses by approximately $40 million, GeneDx said it will lay off approximately 10% of its workforce.
October 31, 2023
Oxford Nanopore to receive $84.6M investment from BioMérieux, enters collaboration with Mayo Clinic
Oxford Nanopore is receiving a strategic investment of 70 million pounds ($84.6 million) from in vitro diagnostics (IVD) company BioMérieux. In addition, the firm has entered a collaboration with the Mayo Clinic on test development.
October 19, 2023
U.K. startup Sparta Biodiscovery secures deal with Sartorius
London-based Sparta Biodiscovery has secured up to 3.5 million pounds ($4.3 million) in funding for the commercial rollout of its nanoparticle analyzers, which are used in the development of advanced medicines.
October 13, 2023
Harbinger Health raises $140M in series B funding
Biotech company Harbinger Health has raised $140 million in a series B funding round.
September 29, 2023
Day Zero Diagnostics to use $16M in funding to improve management of antibiotic-resistant infections
Day Zero Diagnostics recently raised $16 million to fund the application of whole-genome sequencing and artificial intelligence to antibiotic-resistant infections, facilitating the firm’s goal of changing how infectious diseases are diagnosed.
September 28, 2023
Rome Therapeutics raises $72M in series B financing
Biotech company Rome Therapeutics has raised a further $72 million in financing to develop medicines for autoimmune diseases and continue its exploration of the “dark genome.”
September 20, 2023
Day Zero Diagnostics completes $16M financing round
Day Zero Diagnostics has completed a $16 million financing round, executed as a convertible note.
September 20, 2023
Broken String Biosciences raises $15M in series A financing round
Broken String Biosciences has closed a $15 million series A financing round.
September 19, 2023
Viome Life Sciences raises $86.5M in Series C financing round
This round brings Viome's total financing to $175 million, the firm said. A previous Series C financing round in October raised $67 million.
August 21, 2023
Veracyte raises full-year outlook on prostate cancer growth, reveals executive is leaving
In the second quarter, Veracyte reported sales of 15,000 Decipher Prostate tests. The 50% year-over-year increase in test volumes helped the company to report total sales of $90.3 million.
August 11, 2023
BARDA commits $30.5M to the development of musculoskeletal imaging system
BARDA has committed funding to support the development of a device that could quickly triage fracture severity in the wake of a chemical, biological, radiological, or nuclear attack and thereby preserve x-ray resources for the highest-priority patients.
August 11, 2023
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