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AnchorDx Completes $40 Million Financing for Cancer Diagnostics

publication date: Feb 23, 2021

AnchorDx Medical, a Guangzhou diagnostics company, completed a $40 million Series C financing, which it will use to advance its next-gen DNA methylation sequencing products for single-cancer, multi-cancer and pan-cancer screening and early detection. AnchorDx, which already has a commercialized lung cancer test, also plans to expand its focus to other diseases. The C round was jointly led by OrbiMed and WuXi Huiying Investment, a  healthcare fund chaired by Dr. Ed Hu, Co-CEO of WuXi AppTec. More details....

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