equity investment

In addition to the investment, WuXi NextCode is partnering with DNAnexus to offer cloud-based analysis infrastructure to customers in China.

Novartis has also been given an option to non-exclusively license Caribou's technology for research applications.

Investors have agreed to purchase approximately $10.5 million of shares of common stock as well as warrants to purchase up to $8.4 million in additional shares.

The Sanger Institute spin-off will use its sequencing and bioinformatics services to link genomic and clinical outcomes data for patient stratification.

The proceeds will be used to develop and commercialize its products.

Novacyt announced a €3.1 million ($3.8 million) private equity placement to open new markets and develop infectious disease diagnostics.

NEW YORK (GenomeWeb) — Biogazelle said today that it has received a €2 million ($2.5 million) investment from Qbic Arkiv Fund, Foundation Majoie, and SOFI (Spin-Off Financing Instrument).

NEW YORK (GenomeWeb) – CareDx disclosed in a regulatory filing on Thursday that Roche is seeking an estimated $3.5 million from the firm for allegedly breaching a licensing deal the companies brokered in 2004.

NEW YORK (GenomeWeb News) – Start-up CellPly has attracted €2 million ($2.8 million) in seed capital investment to support development of its technology for determining patient response to oncology therapeutics.

Danish clinical diagnostic developer Atonomics said this week that it has entered into an agreement with Omron Healthcare to advance development of Atonomics' point-of-care device for diagnostic testing of lifestyle diseases.

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Lawmakers have asked four direct-to-consumer genetic testing companies to explain their privacy policies and security measures, according to Stat News.

The Trump Administration has proposed a plan to reorganize the federal government, the Washington Post reports.

In Science this week: genetic overlap among many psychiatric disorders, and more.

The Economist writes that an increasing number of scientific journals don't do peer review.