Oxford Biodynamics Raises $12.5 Million from China’s GL Capital for Biomarkers

Published on: Aug 24, 2018
Author: Amy Liu

Oxford Biodynamics PLC raised $12.5 million from GL Capital Group, a Shanghai private equity investor with a healthcare focus. OBD uses a proprietary platform, EpiSwitch™, to develop biomarkers based on chromosome conformation signatures, which allow early identification of disease-causing changes. GL Capital, which will own a 5% stake in Oxford Biodynamics, will be in charge of finding China partners for OBD’s products/services.

Source: China Biotoday

Biotechnology Genomics Healthcare Services Life Science Medical Device Pharmaceutical