Good Start Genetics raises $18m
September 10, 2010 07:46 AM
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Good Start Genetics Inc. announced the completion of an $18 million Series A financing and added that Don Hardison has been appointed president and chief executive.
The financing was led by OrbiMed Advisors, Safeguard Scientifics Inc., and SV Life Sciences, Boston-based Good Start Genetics said in a press release.
The release added that the company plans to use the proceeds of this financing to complete the development and launch of its pre-pregnancy genetic test, which utilizes advanced DNA sequencing technology to screen for genetic disorders.
Hardison is a former chief operating officer of LabCorp and a former chief executive of Exact Sciences.
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