Response Biomedical Signs Agreement for Sale of $7.7M of Shares to OrbiMed

Jun 28, 2010

NEW YORK (GenomeWeb News) – Vancouver, BC-based molecular diagnostics firm Response Biomedical today announced the signing of a subscription agreement for the sale of C$8 million ($7.7 million) of its common shares to investment company OrbiMed Advisor's affiliated Asia fund.

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