February 2020

Palm Ventures Completes Investment in Company Shipping COVID-19 Rapid Tests

North America - United States

Palm Global Small Cap Master Fund LP (Palm Ventures) completed an investment in Biomerica, which just commenced shipping samples of its COVID-19 Rapid Test. Our firm advised Palm Ventures on the investment. 

The 10-minute, finger-prick test for coronavirus exposure can be performed anywhere, and the price point for this single-use, disposable product runs as low as $10 per patient.

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