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Nationwide Laboratory Services gets $2 million in capital funding

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Nationwide Laboratory Services has received $2 million in capital funding from Strategica Capital Associates. The dialysis laboratory services provider said in a press release that it plans to use this funding "to execute a new long-term business plan that requires changes and expansion in existing operating infrastructure, advancements in technology and the implementation of various strategic growth initiatives. "

Strategica Capital Associates is a merchant banking firm whose principals and investors currently own a substantial position in Nationwide Laboratory Services.