NEW YORK (Genomeweb News) – Vermillion today announced an equity financing of up to $18.9 million.

The company said that investors including Oracle Investment Management, Jack W. Schuler, Birchview Fund, and several Vermillion directors have agreed to purchase in a private placement approximately $10.5 million of unregistered shares of its common stock, and warrants to purchase up to $8.4 million in additional shares.

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