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July 29, 2004

Biotech Startup Raises $3 Million

Biotech company Monaliza Medical has raised $3 million in its first round of financing. Delta Ventures and Israel Health Care funds took equal parts in the funding. Monaliza has developed technology to identify and check embryo cells at a very early stage of pregnancy. This checks the state of the fetus and identifies its sex by the fourth week, compared to the present ability to find the sex by the 12th week. Posted by Editor at July 29, 2004 09:32 AM

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