Reported Earlier, Oncocyte Announces $10.2M Private Placement Backed By Strategic Partner Bio-Rad
Portfolio Pulse from Benzinga Newsdesk
Oncocyte has announced a $10.2 million private placement, supported by its strategic partner Bio-Rad. This financial move is significant for Oncocyte as it strengthens its financial position.
October 03, 2024 | 6:26 am
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Oncocyte has secured a $10.2 million private placement, which is backed by Bio-Rad, a strategic partner. This move is likely to enhance Oncocyte's financial stability and support its growth initiatives.
The $10.2 million private placement provides Oncocyte with additional capital, which can be used for growth and operational needs. The backing by Bio-Rad, a strategic partner, adds credibility and support to this financial move, likely leading to a positive short-term impact on OCX's stock price.
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