Diagnostic startup Theranosis raises funding
Specialised diagnostics startup Theranosis Life Sciences Pvt Ltd, which focuses on the oncology space, has raised an undisclosed amount from Mumbai Angels Network.
The Hyderabad-based startup is exploring noninvasive diagnostics for cancer patients. The company has developed a chip device which detects circulating tumour cells from a blood sample of a cancer patient. This procedure, called liquid biopsy, is a less invasive method and diminishes severe adverse effects triggered by chemotherapy. Another beneficial outcome is that it monitors treatment responses in real time.