June 27, 2012
Biophysical receives $4.2M financing
Austin-based Biophysical Corp . has received $4.2 million of a planned $5 million financing.
The local biomarker research company collected the capital from 17 investors, according to a June 15 filing with the U.S. Securities and Exchange Commission .
CEO Mark Chandler couldn’t be reached for comment.
In September 2011, Biophysical announced that it was was teaming with California-based SignatureMD Inc. to market a pre-diabetes biomarker test to SignatureMD’s affiliated medical practices.