Naviscan raises $15 million

PET developer Naviscan PET Systems of San Diego has completed a private placement of $15 million in Series C financing.

The financing was led by QuestMark Partners of Baltimore and joined by Sanderling Ventures, Mayo Medical Ventures, and Walker Ventures, all previous investors in Naviscan. Proceeds from the financing will be used to further clinically validate and commercialize the company's PEM Flex Solo II PET scanner, as well as pursue the development of other imaging and interventional technology, including imaging agents.

By AuntMinnie.com staff writers
May 7, 2007

Related Reading

Road to RSNA, Naviscan PET Systems, November 15, 2006

Naviscan refines PEM technology, June 7, 2006

Naviscan raises $6.5 million, moves headquarters, November 29, 2005

Road to RSNA, Naviscan PET Systems, November 3, 2005

Road to RSNA, Naviscan PET Systems, November 8, 2004

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