Monday, September 28, 2015

GenomeDx Biosciences Receives Debt Financing

San Diego-based GenomeDx Biosciences, a developer of annotated, genomics research information databases, has received an expansion financing from healthcare investor CRG, the company said this morning. Size of the funding was not announced. GenomeDx said the funding came in the form of a senior secured term loan. GenomeDx said the funding will go towards growth initiatives and commercial ansion of its Decipher genomic solutions. GenomeDx is led by Doug Dolginow.