Applied Proteomics Raises $28M to Commercialize Colon Cancer Detection Method

San Diego-based Applied Proteomics raised $28 million from investors during a recent series C round of fundraising, according to a Med City News report.
The company will use the funds to commercialize a biomarker for colon cancer. Applied Proteomics' system looks at activity patterns in the proteins encoded by a person's genome rather than just the genome alone to detect early signs of cancer.

The $28 million contribution came from Genting Berhad, an investment holding company in Malaysia, as well as existing investors.

More Articles on Gastroenterology:
Vice & Associates Clinical Research Expands Gastroenterology Suite, Team Members
Drs. Rayees Nizam, Thomas Lee Join Associated Gastroenterologists of Central New York
5 Recent GI-Driven Center Openings & Plans

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers

Featured Podcast