Tuesday, January 10, 2017

POC Medical Systems Finds $21M For Breast Cancer Screening

Livermore-based POC Medical Systems, a developer of a portable, breast cancer screening test, has raised $21M in a Series A financing. The funding was led by BioVentures Investors and also included Sirius America Insurance Company, IFG Healthcare and MIA Investment Limited. The company uses microfluidics and blood sames for rapid breast cancer screening. The company is initially aiming at markets such as India. Sanjeev Saxena is Chairman & CEO of POC Medical Systems.