International Isotopes completes LINAC sale

AuntMinnie.com staff writers

Dec 25, 2001

Radiopharmaceutical manufacturer International Isotopes has completed an asset purchase agreement for its proton linear accelerator (LINAC) with Denton, TX-based Advanced Molecular Imaging Systems (AMIS), an affiliate of Antich Medical Imaging.

AMIS will assume $8.2 million of International Isotopes’ debt with Texas State Bank, as well as $340,000 of leased-equipment debt. The Idaho Falls, ID-based firm will retain a $500,000 obligation on the Shady Oaks, TX-based facility, in addition to a decontamination and decommissioning obligation also valued at $500,000. The obligations will remain on the books for six months, or until AMIS renews its assumed loans.

By AuntMinnie.com staff writers
December 26, 2001

Related Reading

Camp steps down as International Isotopes CEO, August, 17, 2001

International Isotopes to sell LINAC assets, June 29, 2001

Imagyn buys Intl. Isotopes brachytherapy assets, May 1, 2001

NeoRx closes International Isotopes deal, April 20, 2001

International Isotopes shuts down LINAC, November 16, 2000

Copyright © 2001 AuntMinnie.com

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