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T2 Biosystems (NASDAQ:TTOO) major shareholder Aisling Capital Iii Lp bought 454,545 shares of T2 Biosystems stock in a transaction that occurred on Tuesday, August 12th. The shares were purchased at an average cost of $11.00 per share, with a total value of $4,999,995.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

T2 Biosystems (NASDAQ:TTOO) traded up 3.10% on Thursday, hitting $17.29. The stock had a trading volume of 94,303 shares. T2 Biosystems has a 1-year low of $13.40 and a 1-year high of $17.24. The stock’s 50-day moving average is $14. and its 200-day moving average is $14.. The company’s market cap is $25.2 million.

T2 Biosystems, Inc is an in vitro diagnostics company. The Company that has developed a technology platform that offers a rapid, sensitive and simple alternative to existing diagnostic methodologies.

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