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Gentris Scores $5M VC Investment from Mitsui

NEW YORK, April 27 (GenomeWeb News) - Gentris has closed a $5 million funding round with Mitsui USA, the company said today. 

 

Gentris said that the new funding would allow it to continue to develop and distribute pharmacogenomic diagnostic testing kits.

 

The investment came one month after the FDA released it pharmacogenomics guidance, which Yoshi Maruoka, a senior vice president at Mitsui USA, said encouraged his company to invest in Gentris.

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