DOBI finishes $5.2 million placement

Optical breast imaging firm DOBI Medical International of Mahwah, NJ, has completed the private placement of $5.2 million in preferred stock and warrants.

Proceeds from the transaction will be used to build and begin international marketing of the company’s ComfortScan system, the vendor said.

By AuntMinnie.com staff writers
August 5, 2004

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