NEW YORK (GenomeWeb) – Cynvenio Biosystems announced today that it has raised $25.5 million in a Series B financing round. The money will help the company advance the clinical development and commercialization of its LiquidBiopsy platform, which allows analysis of both circulating tumor cells and circulating cell-free tumor DNA.

China-based Livzon Pharmaceutical Group led the funding round. Other investors included Greenwoods Private Equity Funds in Shanghai and Syno Capital in New York.

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