NEW YORK (GenomeWeb News) – Stat-Diagnostica today announced that it has raised €17 million ($22.1 million) in a Series B financing round.

The Barcelona, Spain-based firm said that it will use the funds to complete development of its Near Patient Testing diagnostic system and to clinically validate its first products. The test platform combines molecular and immunoassay techniques in a single device and can provide results in less than 30 minutes, the company said.

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