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DNA Print Secures $8M in Debenture Financing

NEW YORK, Dec. 3 (GenomeWeb News) - DNA Print Genomics said today that La Jolla Cove Investors has committed to invest up to $8 million in the company over the next two years.

 

The transaction, which is subject to regulatory approval, involves a commitment of $400,000 per month over twenty months, and is a debenture convertible into common stock and warrants to purchase common stock.

 

DNA Print, of Sarasota, Fla., said it will use the financing to hire personnel, expand its operations including its clinical pharmacogenomics program, and pursue business in pharmacogenomics, forensic, and consumer products.

The Scan

Shape of Them All

According to BBC News, researchers have developed a protein structure database that includes much of the human proteome.

For Flu and More

The Wall Street Journal reports that several vaccine developers are working on mRNA-based vaccines for influenza.

To Boost Women

China's Ministry of Science and Technology aims to boost the number of female researchers through a new policy, reports the South China Morning Post.

Science Papers Describe Approach to Predict Chemotherapeutic Response, Role of Transcriptional Noise

In Science this week: neural network to predict chemotherapeutic response in cancer patients, and more.