EMVC leads new investment in diagnostics spin-out

Venture capitalist investor EMV Capital (EMVC) has led a c.£1.8m investment into its portfolio company ProAxsis – a spin-out from Queen’s University Belfast which focuses on diagnostics. Based in Northern Ireland, ProAxsis uses its proprietary ProteaseTag® technology to develop laboratory-based assays and rapid point-of-care tests for the measurement of active protease biomarkers associated with chronic…

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