NEW YORK (GenomeWeb) – Invitae has launched its initial public offering at $16 per share. The San Francisco-based molecular diagnostics firm offered 6,350,000 shares of its common stock, bringing in gross proceeds of $101.6 million. It also has granted the underwriters a 30-day option to purchase up to an additional 952,500 shares. The offering price […]

(CNN)In 2013, an Illinois man convinced several investors to fund a revolutionary medical device, to the tune of over $25 million. He called it the “McCoy Home Health Tablet”, and promised it would instantly deliver patient data to doctors. In other words, he was pitching the legendary Tricorder from Star Trek, even naming it after […]