Carcinotech’s Tumor Firm Secures $5.3 Million in Funding for 3D-Printed Technology

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Tech News Summary:

  1. Carcinotechnics has raised $5.3 million in funding to expand operations in the UK, Europe, and the US with its innovative Carcino3D technology for 3D printed microtumors using patient-derived cells.
  2. The groundbreaking use of 3D printed microtumors simulates the tumor microenvironment, revolutionizing cancer drug screening and treatment development, with a focus on personalized drug testing and collaboration with global partners.
  3. Carcinotechnics has partnered with CELLULAR LINK to leverage bioprinting solutions and is actively working on commercialization strategies in Europe and North America, with investors such as Eos, Investment fund for Scotland, Scottish Enterprise, and Women angel investors supporting their mission.

Carcinotech, a leading 3D-printed tumour firm, has recently announced that it has successfully raised $5.3 million in funding. The company, which specializes in creating personalized 3D-printed tumours for preclinical drug testing, has received the funding from a group of investors who are eager to support the company’s innovative approach to cancer research.

The funding will enable Carcinotech to further develop its cutting-edge technology and expand its operations, allowing the company to continue making strides in the fight against cancer. By using 3D printing technology to create realistic tumour models, Carcinotech aims to provide pharmaceutical companies and researchers with more accurate and reliable preclinical testing tools, ultimately helping to accelerate the development of new cancer treatments.

Carcinotech’s unique approach to cancer research has garnered significant attention in the industry, and the latest funding round reflects the growing confidence in the company’s potential to revolutionize the way cancer drugs are tested and developed. With the support of its investors, Carcinotech is poised to make a significant impact in the field of oncology research and contribute to the advancement of cancer treatment options.

The company’s CEO, Dr. Sarah Smith, expressed her enthusiasm about the successful funding round, stating that it will allow Carcinotech to continue pushing the boundaries of cancer research and ultimately make a difference in the lives of cancer patients. She also emphasized the importance of personalized medicine in the fight against cancer, and how Carcinotech’s 3D-printed tumour models can play a crucial role in advancing this approach.

Overall, the $5.3 million in funding represents a major milestone for Carcinotech, and the company is now in a strong position to continue its groundbreaking work in the field of oncology research. As the company moves forward with its innovative technology, the impact of its efforts could be felt across the entire cancer research and drug development landscape.

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