CombiMatrix inks deal with FedMed, shares jump

|About: CombiMatrix Corporation (CBMX)|By:, SA News Editor

CombiMatrix (CBMX) announces a new agreement with the Maryland-based  provider network FedMed (550K physicians, 4K hospitals, 60K ancillary care providers).

The deal gives the network's members access to CBMX's "suite of molecular diagnostic solutions and comprehensive clinical support specializing in prenatal, miscarriage and pediatric healthcare."

FedMed's provider network is accessible by 40M people.

CEO Mark McDonough calls the deal "another validation of [the company's] strategy." (PR)

CBMX +17% premarket