Pacific Edge Limited Secures $20.8M in Capital Raise Amidst Leadership Continuity and Medicare Coverage Challenges
Reuters
Aug 06
<a href="https://laohu8.com/S/PFGTF">Pacific Edge Limited</a> Secures $20.8M in Capital Raise Amidst Leadership Continuity and Medicare Coverage Challenges
Pacific Edge Limited held its 2025 Annual Shareholders' Meeting on August 6th, where the Chair addressed the company's performance and strategic milestones. Key highlights included the inclusion of Cxbladder Triage in the American Urological Association's microhematuria guideline with a 'Grade A' evidence rating, marking a significant clinical endorsement. Despite challenges with Medicare coverage and leadership transition, the company demonstrated financial resilience with an operating revenue of $21.8 million and increased average US sales prices. The company also announced a successful capital raise of $20.8 million to support operations and advance commercialization efforts. Unfortunately, the URL for the full speech or interview is not provided in the document.
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