Scrip is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

GeneNews raises $Cdn7.2mm through private placement

Executive Summary

GeneNews Ltd. (molecular diagnostics for cancer) grossed $Cdn7.2mm ($6.7mm) through the private sale of 7mm common shares at $Cdn1.03, a 13% discount. The company will use the proceeds to help its US-based CLIA lab Innovative Diagnostics Laboratory LLP commercialize blood-based cancer detection products including ColonSentry for colorectal cancer, EarlyCDT Lung for lung cancer, and the PHI (Prostate Health Index) for prostate cancer.
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
Deal Status
  • Final
Deal Type
  • Financing
    • Private Investment in Public Biotech
    • Private Placement

Related Companies

Advertisement
UsernamePublicRestriction

Register