Neoprobe closes Biosonix purchase

AuntMinnie.com staff writers

Jan 3, 2002

Radiopharmaceutical developer Neoprobe has completed its acquisition of Israeli blood-flow technology firm Biosonix. Neoprobe, of Dublin, OH, issued 9.7 million shares of its common stock in exchange for all outstanding shares of Biosonix.

In addition, Biosonix shareholders will receive an additional 2.1 million shares of common stock upon completion of a Biosonix product development milestone. Biosonix founder Dan Manor will serve as its president, according to Neoprobe.

By AuntMinnie.com staff writers
January 4, 2002
Related Reading

Neoprobe moves closer to Biosonix purchase, December 11, 2001

Neoprobe revenue drops in third quarter, November 5, 2001

Biosonix gets CE mark for FlowGuard, October 4, 2001

Neoprobe to buy Biosonix, September 7, 2001

Neoprobe revenues, net income slide, August 8, 2001

Copyright © 2002 AuntMinnie.com

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