Verisante Technology, Inc. (Formerly known as T-Ray Science) Sells China Rights To Lung Cancer Diagnostic Device

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June 26, 2014 -- Verisante Technology of Canada sold China rights for its Core ™ cancer diagnostic device, a laser Raman Spectroscopy (LRS) system, to an unnamed partner. The partner will make a $300,000 private placement in Verisante and be responsible for China registration, including a China clinical trial, if necessary. To close the deal, Verisante must raise an additional $2.5 million before the end of September.

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