Precision Biopsy Obtains $2,500,000 New Financing

  • Feed Type
  • Date
    7/6/2011
  • Company Name
    Precision Biopsy
  • Mailing Address
    33 Arch Street Boston, MA 02110
  • Company Description
    Precision Biopsy, LLC was formed in partnership with Allied Minds to develop and commercialize novel technology for the accurate diagnosis of prostate cancer. The company’s diagnostic technology uses advanced spectroscopy imaging techniques in combination with tissue biopsy. For the first time, this unique ability will eliminate random prostate biopsies that are subject to sampling errors and can lead to inaccurate grading and staging of the disease.
  • Website
    http://www.alliedminds.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will use the financing to continue its commercialization efforts.
  • M&A Terms
  • Venture Investor
    Allied Minds