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NEW YORK ─ Massachusetts Institute of Technology spinout Glympse Bio said on Wednesday that it has closed an oversubscribed $46.7 million Series B financing round.

The Cambridge, Massachusetts-based firm said it anticipates using the proceeds to support the continued development of its biosensor platform for the diagnosis of cancers, infectious diseases, and fibrotic diseases such as non-alcoholic steatohepatitis (NASH).

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