Episteme Prognostics sells $5.1M in ongoing $6.02M offering for pancreatic cancer test

Episteme Prognostics has sold $5.09M of a $6.02M equity offering, while its PancEpistemeDx test still lacks prospective clinical proof.

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Primary source: SEC

Why it matters

Episteme's round backs a founder translating years of pancreatic cancer research into a treatment-selection test. The value will depend on prospective clinical validation, not another retrospective association.

A scientist's gloved hand carefully places a sample into an advanced diagnostic device in a modern biotech lab.

Surajit Dhara has raised fresh capital for Episteme Prognostics, the Brooklyn precision-medicine developer built around his research into pancreatic cancer and chromatin accessibility. Episteme Prognostics has sold $5,091,997 in an ongoing $6,017,000 equity offering, according to a Form D filed September 4th.…

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