Diagnostics, Financing

CardioDx raises $35 million for COPD development

Posted on 20 December 2014

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CardioDx announced the close of $35 million in total equity financing.

Alberta Investment Management Corporation (AIMCo) participated in this round together with the company's existing investors.

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The funds will enable CardioDx to broaden the commercial use of Corus CAD, the only clinically validated blood test that uses age, sex and gene expression to measure the likelihood of obstructive coronary artery disease in symptomatic patients, as well as to augment the company's research efforts to improve healthcare quality and efficiency through the development of additional genomic tests for coronary artery disease.

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