Biotech SF
San Francisco Bay Area biotech stories.
Monday, August 27, 2012
Fresh off Medicare win, CardioDx lines up $58 million financing round
CardioDx Inc. lined up $58 million in a two-tranche round – about $30 million now and the remainder later this year – as it expands
following recently won Medicare coverage of its heart disease diagnostic test
.
Singapore-based investor Temasek joined a slew of existing CardioDx backers, including
Kleiner Perkins Caufield & Byers
,
Mohr Davidow Ventures
, TPG Biotech and GE Capital, in the financing, the Palo Alto company said Monday.
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