New Horizon Health Raises $20 Million for China Early-Stage Cancer Tests

On April 21, 2020 Omniscience reported that New Horizon Health of Hangzhou completed a $20 million Series D financing to support its early-stage cancer screening products (Press release, Omniscience, APR 21, 2020, View Source [SID1234556486]). Founded in 2013, New Horizon has launched at-home cancer screening products for colorectal cancer, cervical cancer, gastric cancer and lung cancer. The company claims to have served more than three million customers. New Horizon plans to use the funds to develop new products, make a large-scale investment in clinical research and upgrade its service system. The round was led by Omniscience, a private equity fund.

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