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T2 Biosystems (NASDAQ:TTOO) major shareholder Aisling Capital Iii Lp acquired 454,545 shares of the stock on the open market in a transaction that occurred on Tuesday, August 12th. The stock was purchased at an average price of $11.00 per share, with a total value of $4,999,995.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Shares of T2 Biosystems (NASDAQ:TTOO) opened at 17.00 on Monday. T2 Biosystems has a 52 week low of $13.40 and a 52 week high of $17.374. The stock has a 50-day moving average of $15.37 and a 200-day moving average of $15.37. The company’s market cap is $326.3 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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