Neoprobe to buy Biosonix

AuntMinnie.com staff writers

Sep 6, 2001

Radiopharmaceutical developer Neoprobe has entered into a memorandum of understanding to acquire Israel-based blood-flow technology company Biosonix. Hod Hasharon-based Biosonix has developed an angle-independent dual-beam flow (ADBF) technology that allows surgeons and other medical personnel to noninvasively measure vascular blood-flow volume in real-time, according to Neoprobe of Dublin, OH.

The ADBF technology utilizes digital, multigated Doppler ultrasound, and Biosonix is working to commercialize several blood-flow devices for OR, ICU, ER, neurosurgery, and vascular surgery environments. Neoprobe will issue approximately 11.8 million shares of its common stock for all of Biosonix's outstanding shares. The firms hope to complete the acquisition by December 31.

By AuntMinnie.com staff writers
September 7, 2001

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Radiolabeled breast cancer agent to begin clinical evaluation, February 14, 2001

Copyright © 2001 AuntMinnie.com

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