ONI secures $7 million in financing

Extremity MRI developer ONI Medical Systems has added $7 million to its coffers in the form of financing capital from New York City-based private equity firm Galen Partners and Ivy Healthcare Capital, a specialized private equity investment firm in Montvale, NJ.

The Wilmington, MA company developed and markets the OrthOne 1-tesla extremity MRI system. Founded in 1997, ONI has installed 75 OrthOne compact, open extremity MRI systems.

By AuntMinnie.com staff writers
November 9, 2005

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