Counsyl Raises $80M

NEW YORK (GenomeWeb) – Genetic testing firm Counsyl reported today that it has raised $80 million in financing from life sciences investment firm Perceptive Advisors.

Counsyl Cofounder and CEO Ramji Srinivasan said in a statement that the new financing will be used to grow the company "with an eye toward making expanded carrier screening as routine as taking folic acid, noninvasive prenatal screening as routine as an ultrasound, and hereditary cancer screening as well-known as a pap smear."

To read the full story....

Register for Free.

...and receive Daily News bulletins.

Already have a 360Dx or GenomeWeb account?
Login Now.