RBM Nets $25M in VC Cash; Funds Will Help Finance M&A, Grow Dx Service | GenomeWeb
NEW YORK (GenomeWeb News) — Multiplexed biomarker testing lab Rules-Based Medicine has raised $25 million in a Series A round of private equity financing, the company said yesterday.
 
The Austin, Tex.-based shop said it plans to use the cash for aggressive growth in the services business, to fund development of diagnostics services and kits, to shore up its balance sheet, to repay debts, and to make acquisitions and investments in the biomarker and medical diagnostics fields.
 

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