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Biolidics Raising SGD $3.1M Through Share Placements

NEW YORK— Biolidics said on Monday it plans to raise SGD$3.1 million (US$2.2 million) through a share placement round to expand the firm’s business through investments, mergers and acquisitions, joint ventures with third parties, and general working capital purposes.

As part of the share placement, the Singapore-based firm will issue about 17.9 million new ordinary shares at an issue price of $.175 per share, it said.

Biolidics’ ClearCell FX1 label-free system isolates and enriches cancer cells from blood using its single-use CTChip FR1 microfluidic chip. In December, Biolidics signed an agreement with San Carlos, California-based IncellDx to distribute the IncellDx bioINK PD-L1 CTC Core kit with the ClearCell FX 1 system. 

The Scan

Comfort of Home

The Guardian reports that AstraZeneca is to run more clinical trials from people's homes with the aim of increasing participant diversity.

Keep Under Control

Genetic technologies are among the tools suggested to manage invasive species and feral animals in Australia, Newsweek says.

Just Make It

The New York Times writes that there is increased interest in applying gene synthesis to even more applications.

Nucleic Acids Research Papers on OncoDB, mBodyMap, Genomicus

In Nucleic Acids Research this week: database to analyze large cancer datasets, human body microbe database, and more.