October 25, 2017 / 3:09 PM / a month ago

BRIEF-Quotient Limited announces $40 million private placement

Oct 25 (Reuters) - Quotient Ltd

* Quotient Limited announces $40 million private placement and the issue of warrants to raise up to an additional $49 million

* Intends to use proceeds from financing to fund ongoing development and if approved, commercialization of Mosaiq​ Source text for Eikon: Further company coverage:

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