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CardioGenics Holdings settles $1.3 million private placement of stock
WDM raises funds for general corporate purposes and working capital
By Devika Patel
Knoxville, Tenn., June 12 – CardioGenics Holdings Inc. said it raised $1.3 million in a private placement of stock. WDM was the agent.
Proceeds will be used for general corporate purposes, including working capital.
Based in Boca Raton, Fla., CardioGenics Holdings is engaged in the development of products, targeting the immunoassay segment of the point-of-care in vitro diagnostic testing market.
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