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Molecular Detection Raises $1.9M to Support MRSA, Sepsis, GI Tests

NEW YORK (GenomeWeb News) – Molecular Detection today announced the completion of a $1.9 million Series B recapitalization round, which will be used to further advance its molecular diagnostic panel for methicillin-resistant Staphylococcus aureus and to develop panels for sepsis and gastrointestinal infections.

All existing investors participated in the round, including MentorTech Ventures, Robin Hood Ventures, Elm Spring Holdings, and the Mid-Atlantic Angel Group. Today's announcement is in addition to a $1.5 million financing that MDI announced in March to support development of the sepsis and GI test.

MDI's Detect-Ready MRSA Panel is for detecting MRSA and methicillin-sensitive S. aureus, and according to the Wayne, Penn.-based molecular diagnostic firm, it is the only marketed PCR-based MRSA screen that can differentiate these pathogens from other related bacteria. The test is CE-marked and available in the UK, Germany, Ireland, Switzerland, Spain, Austria, the Netherlands, Belgium, Luxembourg, Australia, and Israel. It is in late-stage development in the US, MDI said.

The Detect-Ready Sepsis and GI panels are expected to launch in the EU sometime this year.

The Scan

LINE-1 Linked to Premature Aging Conditions

Researchers report in Science Translational Medicine that the accumulation of LINE-1 RNA contributes to premature aging conditions and that symptoms can be improved by targeting them.

Team Presents Cattle Genotype-Tissue Expression Atlas

Using RNA sequences representing thousands of cattle samples, researchers looked at relationships between cattle genotype and tissue expression in Nature Genetics.

Researchers Map Recombination in Khoe-San Population

With whole-genome sequences for dozens of individuals from the Nama population, researchers saw in Genome Biology fine-scale recombination patterns that clustered outside of other populations.

Myotonic Dystrophy Repeat Detected in Family Genome Sequencing Analysis

While sequencing individuals from a multi-generation family, researchers identified a myotonic dystrophy type 2-related short tandem repeat in the European Journal of Human Genetics.