SpinChip successfully secures NOK 130 million (€13.5 million) in a financing round

NORWAY – SpinChip Diagnostics AS, a pioneering, diagnostics company developing a next-generation point-of-care platform for in vitro diagnostics, today announced the completion of its financing round, successfully securing NOK 130 million (€13.5 million). Carnegie Investment Bank Norway acted as Sole Bookrunner on SpinChip®’s NOK 130 million (€13.5 Million) private placement. Alongside new cornerstone investors such as Kistefos AS, the financing round was also well supported by existing shareholders. The proceeds from the financing round will be used to further advance SpinChip®’s proprietary point-of-care (POC) in vitro diagnostics platform in addition…

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Technology takes center stage as companies and governments strive to digitize healthcare

WORLD – As the world goes digital and technology continues to advance, integration of vital services into the digital world is also taking shape and healthcare is top in the list as at current owing to the pandemic. According to a report by Grand View research, the global digital health market size was valued at USD 96.5 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 15.1% from 2021 to 2028. The report also noted that, increasing cases of obesity, high prevalence of…

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