The company said that a large portion of the offering's proceeds would be used to end criminal and civil investigations over its past billing practices.
Atomo also said it has closed an oversubscribed initial public offering and that it intends to float its shares on the Australian Securities Exchange mid-month.
Companies developing tests for cancer therapy selection, therapy monitoring, and screening received most of the private investment, funding experts said.
Following its IPO in September, the company is expanding its presence with increased product offerings in the pipeline and a renewed focus on reimbursement and R&D.
The German company offers rare disease genetic tests and services for clinical applications, as well as to support drug discovery and development programs.
Anpac currently offers a test in China for detecting the risk of 26 cancer types using the firm's so-called cancer differentiation analysis technology.
The German company offers rare disease genetic tests and services for clinical applications and to support clients' drug discovery and development programs.
Industry experts say a receptive market and investor interest in new technologies have spurred the increase in genomics tools and molecular diagnostics IPOs.
