Imaging Diagnostic gets more financing

AuntMinnie.com staff writers
Aug 20, 2000

Laser-based mammography device developer Imaging Diagnostic Systems said it has received $25 million in equity financing from an institutional private equity investor. The Fort Lauderdale, FL-based firm will use the proceeds for ongoing clinical programs, product development, working capital, and general corporate purposes.

The vendor’s device, CTLM, is in clinical trials at two hospitals, and Imaging Diagnostic Systems expects to submit documentation required for the Food and Drug Administration clearance process by late summer or early fall.

By AuntMinnie.com staff writers
August 21, 2000

Related Reading

IDS names medical director, May 18, 2000

IDSI bolsters financial position, February 23, 2000

Copyright © 2000 AuntMinnie.com

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