By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – PathoGenetix, formerly called US Genomics, announced today the first closing of its Series B financing round, raising $4 million.

The Woburn, Mass.-based company added that it has received $9.5 million in commitments from investors for the round.

The funds will be used to complete development of PathoGenetix's first commercial systems for identifying pathogens in complex biological samples using its Genome Sequence Scanning technology.

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