Claros Diagnostics Lands $4,000,000 Series B Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6d334168-0406-4cd8-880f-2fe1d97e8079&Preview=1 -
Date
3/23/2009 -
Company Name
Claros Diagnostics -
Mailing Address
4 Constitution Way Woburn, MA 01801 -
Company Description
Claros has developed a novel handheld immunoassay system incorporating a lab-on-a-chip configuration which produces high performance quantitative laboratory blood test results with the ease-of-use of rapid qualitative diagnostic test strips. The Claros device will enable the physician to quantitatively analyze a blood sample in the office, allowing completion of the examination within the timeframe of the visit. The Company will initially focus on developing its diagnostic system for urological cancer, incorporating an established panel of biomarkers, anchored by PSA (prostate-specific antigen). -
Website
http://www.clarosdx.com -
Transaction Type
Venture Equity -
Transaction Amount
$4,000,000 -
Transaction Round
Series B -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
Oxford Bioscience Partners -
Venture Investor
Bioventures Investors -
Venture Investor
Commons Capital -
Venture Investor
Undisclosed
