BCAL Diagnostics Limited (AU:BDX) has released an update.
BCAL Diagnostics Limited has secured firm commitments to raise $10.5 million through a share placement to fund its pathway to commercialization, with strong support from institutional and sophisticated investors. The capital injection is set to advance the company’s efforts in breast cancer diagnosis, including further product development, clinical trials, and preparations for product launches in Australia and the US. The financing underscores investor confidence in BCAL’s strategy and its potential impact on improving diagnostic outcomes for cancer.
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