Nadmed Secures €3.5M in Series A Funding for Innovative NAD Metabolite Tests
Thursday, 22 August 2024, 06:45
Funding Announcement
Nadmed, a Helsinki-based biotech firm, has successfully raised €3.5 million in a Series A funding round. This significant funding will propel the company’s efforts to commercialize its groundbreaking tests focusing on nicotinamide adenine dinucleotide metabolites in the United States.
Strategic Goals and Impact
- The funds are earmarked for enhancing product development.
- Nadmed aims to introduce its innovative tests aiming at improved health diagnostics in the US market.
- This expansion is expected to considerably increase the company’s market share in the health tech arena.
Future Directions
With this funding, Nadmed plans to amplify its research and operational capabilities, setting a new benchmark in health diagnostics.
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