December 14, 2016

Quotient Limited Announces $120 Million Secured Debt Financing

JERSEY, Channel Islands, October 14, 2016 (GLOBENEWSWIRE) – Quotient Limited (“Quotient”)(NASDAQ: QTNT), a commercial-stage diagnostics company, today announced the completion of a private placement of up to $120 million of 12% Senior Secured Notes due 2023. At the initial closing of the transaction, Quotient issued $84 million of notes and received net proceeds of approximately $79 million after expenses. Quotient will issue an additional $36 million of notes to note purchasers upon public announcement of field trial results for the MosaiQ™ IH Microarray that demonstrates greater than 99% concordance for the detection of blood group antigens and greater than 95% […]
December 14, 2016

PeriGen and WatchChild Combine Forces

Combination to Support Currently Installed Systems and Introduce New Technology and Services to Clients   PRINCETON, N.J., Sept. 27, 2016 /PRNewswire/ — PeriGen®, the leading developer of fetal surveillance systems using artificial intelligence (AI) for clinical and operational benefit, today announced that Perigen has acquired the WatchChild® Fetal Monitoring System from Hill-Rom Holdings, Inc. (NYSE: HRC). The combination creates the most comprehensive perinatal safety platform available, and marks a new era in obstetric solutions. Users of both the PeriGen PeriCALM® and WatchChild systems will continue using their current systems with full contracted support. Going forward customers will have access to incremental clinical tools, analytics, […]