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MDxHealth Files for IPO of American Depository Shares

NEW YORK – Precision diagnostics company MDxHealth said on Wednesday that it has confidentially submitted a draft registration statement to the US Securities and Exchange Commission relating to a proposed initial public offering of American depositary shares in the US.

The company, which has headquarters in Herstal, Belgium, and Irvine, California, did not specify the number of ADSs it plans to offer, nor the timing or price for the proposed offering, but said it expects the public offering to take place after the SEC completes its review process.

In its recent earnings report for the first half of 2021, MDxHealth said its revenues increased 9 percent year over year, thanks largely to healthy increases in sales of its prostate cancer tests, SelectMDx and ConfirmMDx.

The Scan

Just Breathing

A new analysis suggests that most Mycobacterium tuberculosis is spread by aerosols from breathing, rather than by coughing, the New York Times reports.

Just Like This One

NPR reports that the World Health Organization has hired a South African biotech company to recreate mRNA vaccine for SARS-CoV-2 that is similar to the one developed by Moderna.

Slow Start

The Wall Street Journal reports that Biogen's Alzheimer's disease treatment had revenues for July through September that totaled $300,000.

Genome Research Papers on Cancer Chromatin, Splicing in the Thymus, Circular RNAs in Cancer

In Genome Research this week: analysis of bivalent chromatin sites, RBFOX splicing factors' role in thymic epithelial cells, and more.