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The Boston Globe

Business

Good Start Genetics announces $28m financing

Good Start Genetics Inc., a molecular diagnostics company based in Cambridge, said Wednesday that it has closed a non-dilutive loan facility for up to $28 million of capital from Capital Royalty LP.

Good Start, which launched in 2010, specializes in carrier screenings for genetic mutations that can cause disease. For a woman thinking about getting pregnant, such screenings can provide information about the likelihood of her child having an inherited disease. A big potential market for such screenings is made up of women who are thinking about getting pregnant as a result of in vitro fertilization.

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