UPDATE: MDxHealth Targeting $12.4M in Private Placement | GenomeWeb

This story has been updated to reflect that MDxHealth completed its private placement on June 29.

NEW YORK (GenomeWeb News) – MDxHealth has successfully completed a private placement that raised €10 million ($12.4 million).

Pursuant to the placement, the Belgian molecular diagnostics firm said it will issue about 2 million new ordinary shares to Bioinvest Comm. at an offer price of €1.503 and 4.9 million shares to other unnamed investors at an offer price of €1.430.

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