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Pacific Edge running out of cash while awaiting Novitas decision

The listed cancer diagnostic company must raise $24 million, in a bid to survive.

Pacific Edge CEO Peter Meintjes.

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NZX-and ASX listed cancer diagnostic company Pacific Edge has launched an urgent $24 million offer to raise funds to survive as its cash reserves have dwindled and revenue fallen.

Its shares are in a trading halt until Wednesday morning during a placement of $18m new shares to eligible investors at

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Fiona Rotherham Mon, 11 May 2026
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Pacific Edge running out of cash while awaiting Novitas decision
Investment,
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