By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – SQI Diagnostics announced today that it has raised C$4.6 million (US$4.6 million) in a private financing.

The Toronto-based molecular diagnostics company raised the funds in a non-brokered private placement of nearly 2.3 million units priced at roughly C$2 per unit, where each unit consisted of a common share and a purchase warrant.

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