The Belgian molecular diagnostics company Biocartis Group NV has raised €55.5 million in a private share placement to support the commercialisation of its molecular diagnostics, particularly for the detection of cancer.
The company’s diagnostics platform uses a real-time polymerase chain reaction system to derive information from biological samples in a wide variety of settings. The company is expanding in oncology and currently has tests supporting the detection of melanoma and colorectal and lung cancers.