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Renalytix shares jump 19% after raising £10.5M to fund US rollout of kidney disease test

Market News
08 Sep 2026
Proactive Investors
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Bullish
Renalytix shares jump 19% after raising £10.5M to fund US rollout of kidney disease test

Renalytix PLC's shares surged 19% as trading resumed following a £10.5 million fundraise. The money will support the US launch of their kidney disease screening test, kidneyintelX.dkd, through a national healthcare network covering about half of American doctors and hospitals. The company aims to conduct 25,000 tests in 2027, with orders opening in Q1. A shareholder vote later this month will approve an additional £3.9 million funding and new shares issuance scheduled for late September.

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