ART scores $2 million investment

AuntMinnie.com staff writers
Jun 21, 2001

Laser and thermal imaging developer Advanced Research Technologies continues to add to its funding war chest. The Saint-Laurent, Canada-based firm has received a commitment from Canadian mutual funds company BioCapital Biotechnology and Healthcare Fund to invest $2 million (U.S.) in a private placement offering. The deal is scheduled to close on or about June 29, subject to all applicable regulatory approvals, according to ART. ART plans to use the proceeds as part of its working capital.

By AuntMinnie.com staff writers
June 22, 2001


Related Reading

ART secures $7.5 million investment, June 13, 2001

Copyright © 2001 AuntMinnie.com

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