Osmetech Aims to Raise $40M in US IPO | GenomeWeb

By Justin Petrone

British molecular diagnostics firm Osmetech last week filed with the US Securities and Exchange Commission for an initial public offering of as much as $40 million.

Osmetech also separately reported that sales for the full-year 2009 rose 81 percent, mostly on the strength of its array-based tests, while net loss narrowed 16 percent year over year.

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