Exosome Diagnostics Seeks $25 Million to Commercialize Liquid Biopsies

It’s the moment of truth for any emerging diagnostics firm: the transition from startup to commercial-stage company. Time to convince insurers that you have something worth paying for, and doctors in major hospitals and community practices to change how they practice and incorporate your test.

That critical point is where Cambridge, MA-based Exosome Diagnostics finds itself today. According to Exosome CEO Thomas McLain, the company aims to raise $25 million, on top of the $27 million in Series B funding it raised last March.

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