Roka Bioscience Raises $20 Million

Roka Bioscience revealed that it has completed a Series C round of equity financing, raising $20M. The investor syndicate included participation from all existing investors including OrbiMed Advisors, New Enterprise Associates, Inc., TPG Biotech and Gen-Probe Inc. (NASDAQ: GPRO).  Established in September 2009 through a spin-off of Gen-Probe’s industrial testing assets and technology, Roka Bioscience is focused on developing rapid, highly accurate molecular assays for food safety testing and other industrial applications.

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