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Beijing's Novogene Closes $75 Million B Round for Genomic Sequencing

01:17 EST 2 Dec 2016 | ChinaBio Today

Novogene Technology of Beijing closed a $75 million Series B round that was funded by China investors. Novogene, which has one of the largest sequencing capacities in the world, offers next-generation sequencing and bioinformatics services to biopharmas and hospitals. One year ago, Novogene formed a partnership with Illumina to develop clinical oncology diagnostics. Founded in 2011 by Dr. Ruiquiang Li, Novogene has nearly 1,000 employees in locations around the world. More details....

Stock Symbol: (NSDQ: ILMN)

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