Medical isotope developer IsoRay Medical received funding of $5 million through the issuance of 2 million shares of common stock at $2.50 per share and warrants to purchase 2.2 million shares of its common stock at $3 per share.
The Richland, WA, company produces cesium-131 brachytherapy seeds to treat prostate and other cancers.
By AuntMinnie.com staff writers
August 18, 2006
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