News

Proteomics International raises $3m in heavily oversubscribed Placement

Proteomics raises A$3.0 million via a heavily oversubscribed Placement

The Placement received strong demand from new and existing institutional, family office,
sophisticated and professional investors

The capital raised will be primarily applied to:

  • securing a specific reimbursement code for PromarkerD in the USA, which will enhance the value of this ground-breaking predictive diagnostic test
  • upgrading of facilities and equipment
  • to accelerate pipeline and new IP projects

Successful capital raising leaves Proteomics well-funded into CY20 and beyond and importantly gives the Company a strong balance sheet for any potential future licensing/partnering discussions around PromarkerD.

Media Release: Proteomics International raises $3m in heavily oversubscribed Placement

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