After Withdrawing IPO, DermTech Seeking $20 Million

DermTech, a San Diego skin cancer diagnostics startup, seems to be making up for lost ground from a scrapped $25 million IPO: It just filed a $20 million equity fundraise with the SEC.

The company develops biopsy-free gene classifiers and and expression tests to screen for dermatologic conditions like melanoma. It gathers samples in a noninvasive manner – using an adhesive patch as opposed to a scalpel to collect skin cells.

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