Radiation therapy firm North American Scientific (NAS) has finalized the sale of its nontherapeutic product line to Eckert & Ziegler Isotope Products of Berlin.
The proceeds of the sale will be used to provide NAS with important nondilutive capital to invest in ongoing operations, according to the Chatsworth, CA-based company.
Related Reading
NAS to divest nontherapeutic products, September 4, 2008
NAS gets Nasdaq noncompliance notice, August 25, 2008
NAS taps new VP of marketing, July 15, 2008
NAS fails to meet Nasdaq minimum bid price, April 11, 2008
NAS revenues up in Q1, but loss widens, March 20, 2008
Copyright © 2008 AuntMinnie.com
