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Todos Medical receives a $3.4 million strategic investment from Yozma Group Korea

Todos Medical Ltd. (OTCQB:TOMDF) CEO Gerald Commissiong tells Proactive the in vitro diagnostics company has received a $3.4 million strategic investment from tech-focused venture capital firm Yozma Group Korea.

Commissiong says Todos intends to use the proceeds from the Investment primarily to retire outstanding convertible notes, complete the acquisition of Provista Diagnostics for its Videssa breast cancer test and its COVID-19 PCR testing capabilities, and general working capital.

Quick facts: Todos Medical Ltd.

Price: 0.0459 USD

OTCQB:TOMDF
Market: OTCQB
Market Cap: $8.58 m
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Todos Medical forms distribution agreement with coronavirus immunity-focused...

Todos Medical Ltd (OTCQB:TOMDF) CEO Gerald Commissiong tells it has signed an agreement with Aditx Therapeutics Inc (NASDAQ:ADTX), through which it has secured the rights to distribute Aditx’s immune-related AditxtScore COVID-19 scoring system, with planned availability in January...

on 12/14/2020

2 min read