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Diadem raises funding to develop Alzheimer’s detection test

March 29, 2022

Diagnostic testing firm Diadem has raised $10.97m (€10m) in the first tranche of its equity funding for its AlzoSure Predict prognostic blood test for Alzheimer’s disease (AD).

New investor CDP Venture Capital and current investor Panakès Partners led the financing round.

The latest funding follows an $8.2m (€7.5m) venture loan from the European Investment Bank (EIB).

Diadem intends to use the new funds to commercialise and clinically validate the AlzoSure Predict test.

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