Nanosphere has raised $26.9 million in a public offering that it expects will see it through the regulatory approval of its infectious disease test pipeline and support additional commercial development to bring the firm to the break-even point.

After raising the funds last week, Nanosphere's Chief Financial Officer Roger Moody told BioArray News that the financing doesn't change Nanosphere's product development strategy, but that it does "secure [the company's] future."

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