This story originally ran on Dec. 28.

Vermillion this week said it has entered into a private-placement agreement that will net it $43.05 million in gross proceeds.

Under the terms of the agreement, made on Dec. 24 with a group of investors, Vermillion will receive the proceeds from the sale of about 2,328,000 shares of its common stock at a price of almost $18.50 per share, 90 percent of the company's average closing price for the five trading days ending Dec. 23.

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360Dx reports that the US Centers for Medicare & Medicaid Services would cover next-generation sequencing-based cancer panel tests.

The Washington Post reports that a meteorologist is being considered as presidential science and technology advisor.

In PNAS this week: precision medicine strategy to screen for disease risk, genome evolution in Haemophilus influenzae, and more.

Researchers have developed a PCR-based assay to gauge whether manatees are present in waters.