FDAnews Drug Daily Bulletin

PACIFIC BIOMETRICS, INC. RAISES AN ADDITIONAL $500,000 AND COMPLETES FINANCING

April 18, 2006
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Pacific Biometrics, Inc., a provider of specialty central laboratory services, has completed its private placement for shares and warrants of common stock, closing on an additional $500,000 in early April 2006. This closing was supplementary to the March 8, 2006 closing, which brought the Company $3,800,065 in gross proceeds. Total gross proceeds from the private placement were approximately $4.3 million.
Business Wire