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NEW YORK (GenomeWeb) – Finnish molecular diagnostics firm Mobidiag announced today that it has raised €4.0 million ($4.7 million) in a funding round.

Completed in less than three weeks, the funding round was led by Finnish investment service company Springvest Oy, and supported by more than 200 investors.

The new funding will help Mobidiag scale up the production of its Novodiag instruments and disposable cartridges, in addition to strengthening its global sales and marketing activities.

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