NIPD Genetics Raises €2.5M to Fund Development of Noninvasive Down Syndrome Dx | GenomeWeb

NIPD Genetics, an early-stage Cypriot molecular diagnostics firm, said last week that it has raised €2.5 million (about $3.36 million) and moved into a new facility to support the planned commercialization of its noninvasive prenatal diagnostic test for Down syndrome.

The company, an October 2010 spinoff of the non-profit Cyprus Institute of Neurology and Genetics, developed its test based on the research of CING scientist Philippos Patsalis.

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