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Exagen Raises $3.95M

NEW YORK (GenomeWeb) – Rheumatology and autoimmune diagnostics firm Exagen Diagnostics has raised $3.95 million, it said in a regulatory document on Monday.

A spokesperson for the Vista, Calif.-based firm declined to comment, and Exagen did not name the investors in the financing round or say how proceeds would be used. According to a document filed with the US Securities and Exchange Commission, the type of securities offered included debt, and securities to be acquired upon the exercise of an option, warrant, or other right to acquire security.

In the fall, Exagen said in an SEC document that it raised $5 million.

According to its website, the company offers testing services sold under the brand name Avise and using the company's cell-bound complement activation products (CB-CAPS) technology. CB-CAPS are hydrolyzed complement activation products that are bound to circulating cells, including erythrocytes, platelets, and B and T lymphocytes.

The Scan

CDC Calls Delta "Variant of Concern"

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From FDA to Venture Capital

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Consent Questions

Nature News writes that there are questions whether informed consent was obtained for some submissions to a database of Y-chromosome profiles.

Cell Studies on Multimodal Single-Cell Analysis, Coronaviruses in Bats, Urban Microbiomes

In Cell this week: approach to analyze multimodal single-cell genomic data, analysis of bat coronaviruses, and more.