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Sage Science Raises $2M

By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Life science research tools company Sage Science has raised $2 million in a round of equity financing, according to a filing this week with the US Securities and Exchange Commission.

The Beverly, Mass.-based private company did not disclose in the filing the names of the investors, but said that the offering may total up to $2.1 million.

The company is currently commercializing its Pippin Prep system, and last month it said that it has sold 10 of the instruments to the Broad Institute of MIT and Harvard. The Pippin Prep automates size selection of DNA for next-generation sequencing library preparation.

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