Skip to main content

ChondroGene Raises $500,000 in Private Placement

NEW YORK, Sept. 13 (GenomeWeb News) - ChondroGene of Toronto has raised $500,000 in a private placement in Canada, bringing the total of this financing round to $5.5 million, the company said today.

 

Last month, ChondroGene raised $5 million in a private placement in the US under the same terms, $.95 per common share.

 

The funding will provide the company with operating capital into 2006. ChondroGene, which develops disease-specific biomarkers, plans to advance its technology into areas outside of osteoarthritis, such as cancer and neurological disorders.

The Scan

Call to Look Again

More than a dozen researchers penned a letter in Science saying a previous investigation into the origin of SARS-CoV-2 did not give theories equal consideration.

Not Always Trusted

In a new poll, slightly more than half of US adults have a great deal or quite a lot of trust in the Centers for Disease Control and Prevention, the Hill reports.

Identified Decades Later

A genetic genealogy approach has identified "Christy Crystal Creek," the New York Times reports.

Science Papers Report on Splicing Enhancer, Point of Care Test for Sexual Transmitted Disease

In Science this week: a novel RNA structural element that acts as a splicing enhancer, and more.