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BRIEF-Novacyt announces 3.1 mln euros private equity placement
December 8, 2014 / 6:13 PM / 3 years ago

BRIEF-Novacyt announces 3.1 mln euros private equity placement

Dec 8 (Reuters) - Novacyt SA :

* Announces private equity placement financing of 3.1 million euros

* Under the terms of the financing, investors will also receive 744,004 new Novacyt shares

* The share capital of Novacyt following the capital increase will amount to 418,048.13 euros

* The funds will be used for new market launches of its proprietary next generation cytology platform Novaprep in 2015, including China and the Far East

* Additionally, financing will be used to support development and commercialisation of molecular diagnostics for infectious diseases Source text: bit.ly/1IqztCd Further company coverage: (Gdynia Newsroom)

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