MDxHealth Raises $11.7M to Support US Expansion Efforts | GenomeWeb

Originally published April 5.

MDxHealth's current cash position and newly raised funds will help it expand its presence in the US by opening a new CLIA lab and hiring a sales force, the company said this week.

The Liege, Belgium-based firm said it has raised approximately €8.2 million ($11.7 million) in gross proceeds through a private placement of new shares with investors. Net proceeds from the financing round exceeded the company's previously announced target of at least €6 million.

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