T2 Biosystems (TTOO) Announces $40M Private Placement with Canon U.S.A
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T2 Biosystems Announces $40 Million Equity Investment by Partner Canon U.S.A.
September 22, 2016 8:01 AM EDTLEXINGTON, Mass., Sept. 22, 2016 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ: TTOO), a company developing innovative diagnostic products to improve patient health, today announced the purchase by Canon U.S.A., of approximately $40 million of the companys stock in a private placement. The shares were purchased at $6.56, the closing market price of Tuesday, September 20, 2016. With this investment, Canon owns 19.9 percent of T2 Biosystems and Canons chief... More
