NEW YORK (GenomeWeb News) – Genomics-based prostate cancer test developer GenomeDx Biosciences today said that it closed a Series B financing round.

The San Diego-based company declined to disclose the amount raised. Merck Global Health Innovation Fund led the round and was joined by Baird Capital Partners, Aeris Capital, and CD Ventures. The funding will go toward expanding the commercialization of GenomeDx's Decipher prostate cancer test, which predicts the risk of developing the disease independent of a PSA test and other commonly used assessment tools.

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