Rheonix, Inc. Raises $14M

Larta’s NSF Commercialization Assistance Program alumnus (2009), Rheonix, Inc., featured here in Larta VOX in July 2011 as a “Company to Watch For”, has raised $14M to complete a manufacturing build-out and to help launch its first commercial product. The money will use to expand its facilities and systems to fulfill their development agreement with Life Technologies (NASDAQ: LIFE), complete the company’s first submission to the FDA, and commercialize their first clinical, molecular diagnostic product offering. Read the press release here.