AltheaDX Closes $6M A Round

4/14/10

AltheaDx, a San Diego-based developer of molecular diagnostics, reported yesterday that it had closed its $6 million Series A round of funding. Telegraph Hill Partners, of San Francisco, led the funding round. In September, AltheaDx filed papers with the SEC to report $3.6 million it had raised in the first-round financing. Magda Marquet, founder and co-CEO of AltheaDx, said in a statement yesterday that the fresh capital will support the firm’s partnerships with pharmaceutical companies to develop diagnostics that help predict whether a drug is safe for certain people.

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