Xconomy Boston

Exact Science Secures $8,200,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=83a5f970-159e-4d6b-bf21-b3e4d2c76825&Preview=1
Date
6/12/2009
Company Name
Exact Science
Mailing Address
Undisclosed Marlborough, MA 01752
Company Description
The company, which has developed a molecular screening test for colorectal cancer, also said it has licensed technology developed by cancer researcher David Ahlquist at the Mayo Clinic covering aspects of sample processing and data analysis related to DNA screening for the disease.
Website
Undisclosed
Transaction Type
Venture Equity
Transaction Amount
$8,200,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Undisclosed