NEW YORK (GenomeWeb News) – MDxHealth reported today that its third quarter revenues increased 78 percent year over year, driven by growth in its prostate cancer molecular diagnostic test, ConfirmMDx.

The company also announced it has launched an equity placement of up to about 3.4 million shares.

The firm reported overall revenues of $3.5 million for the three months ended Sept. 30, up from $2.0 million for Q3 2013.

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