Xagenic Raises $10M to Develop Biochip System for Infectious Disease Testing | GenomeWeb

By Justin Petrone

Xagenic, a privately held Toronto-based molecular diagnostics company, this week announced the close of a Series A financing totaling $10 million to ready for market its automated pathogen-detection platform for decentralized diagnostic testing.

Xagenic's system employs nanotechnology-based microelectrodes to detect nucleic acid analytes with a high degree of sensitivity and specificity.

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