EDP Biotech
EDP Biotech is undergoing a merger with New Day Diagnostics and raising capital. The merger of the New Day Diagnostics LLC with EDP Biotech is bringing together EDP's fast-growing and profitable CRO, in-house biomarker discovery, development capabilities, clinical trial operations and regulatory expertise, and New Day Diagnostics LLC's comprehensive portfolio of tests and strong manufacturing and commercial partnerships. The merged Company will be a vertically integrated diagnostics shop with the ability to get novel tests to market efficiently with lower costs, scalable infrastructure, and the right partnerships to get products onto market. Through the funds raised in this Offering, the Company plans to execute on two strategies: organic growth and consolidation through acquisitions.
Knoxville
, TN