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BATM's Ador Diagnostics receives US$14.5mln initial investment

Dr Zvi Marom, chief executive of BATM Advanced Communications Limited (LON:BVC), tells Proactive London their joint venture company Ador Diagnostics has received the first tranche of a US$30mln investment.

Marom says they'll use the US$14.5mln to develop the NATlab reader, a rapid-results molecular biology diagnostics system, with the rest of the investment due in 2020.


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