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News - Detailed News Story

Endofotonics raises S$12m in Series B funding, led by Singapore Medical Group

01 Jun 2020 09:00

By Olivia Poh

oliviapoh@sph.com.sg

CANCER diagnostic company Endofotonics on Friday said it has raised S$12 million in a Series B round led by executives from locally listed healthcare company Singapore Medical Group.

The additional funding will be used to drive commercialisation of its early gastric cancer detection system in the Asia-Pacific, and to expand the coverage of its cancer detection technology to other organs.

Founded in 2013, Endofotonics has developed a system called Spectra IMDx, which enables real-time detection of early gastric cancer during endoscopy.


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Source: Business Times
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