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Centice raises $4 million in financing

Centice, a provider of drug verification and safety products, has successfully completed a $4 million bridge financing from its existing investors to support ongoing commercialization efforts for its innovative Pass Rx prescription verification product for the retail pharmacy marketplace.

Leading the $4 million bridge financing were The Aurora Funds, and S-Group Direct Investments, along with participation from other existing investors Innovation Ventures and several individuals.

Ray Swanson, president and CEO of Centice, said: “We are very pleased to close on this round of new financing as these funds secure our ability to commercialize our Pass Rx product in 2009.”