Freenome Raises $254 Million in New Funding to Accelerate its Platform for Early Cancer Detection
SOUTH SAN FRANCISCO, Calif., Feb. 15, 2024 /PRNewswire/ -- Freenome, a biotechnology company developing blood tests for early cancer detection, announced the addition of $254 million from new and existing investors. The funding enables Freenome to advance the pipeline of single-cancer and tailored multi-cancer early detection tests built on its multiomics platform.
- The funding enables Freenome to advance the pipeline of single-cancer and tailored multi-cancer early detection tests built on its multiomics platform.
- Together, we share a commitment to addressing the pressing need for better cancer screening solutions as we drive to make early cancer detection more convenient, accessible and actionable for everyone," said Mike Nolan, chief executive officer of Freenome.
- "With this financing, we are well positioned to realize the full potential of our platform in delivering tests for early cancer detection."
- Enabling wider access to early cancer screening means helping patients receive timely information that can lead to better outcomes.