NETHERLANDS - Thuja et al. in series-A round for FABPulous
Thuja Capital, Health Innovation Fund, Limburg Ventures and NV Industriebank LIOF have co-led an indisclosed investment into biotechnology firm FABPulous, in a first round of institutional funding.
FABPulous was founded in 2008 as a spin off of Maastricht University with start-up capital provided by MeDaVinci Development, which also participated in this latest round.
The company is developing a disposable device thatows for rapid semi-quantitative diagnostic testing in blood or plasma. As a first application, FABPulous will develop a rapid test to aid in the diagnosis of acute myocardial infarction, based on an early biomarker, heart-type fatty acid.
The new financing will enable FABPulous to develop the device and launch its first application as a rapid in vitro diagnostic (IVD) test for myocardial infarction.
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