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Technology | 2009.10.19

Biomagnetics Diagnostics Completes Equity Financing Round – Prepares Entry into Malaria and Tuberculosis Diagnostics Markets

SAN FRANCISCO--(BUSINESS WIRE)--Biomagnetics Diagnostics Corp. (Pink Sheets:BMGP), a producer of revolutionary diagnostic systems and technology for malaria, tuberculosis, HIV and hepatitis testing today announced the completion of its equity financing designed to fund entry into the Integrated Optical Biosensor Systems (IOBS) market. Through this round of equity financing the Company received cash and commitments of approximately $1 million from several private investors and a single philanthro

 

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