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CardiArc begins next round of funding By AuntMinnie.com staff writers August 21, 2006
CardiArc has opened its final round of financing to raise $4 million to expand the Lubbock, TX, company's operations and begin manufacturing its nuclear cardiology gamma camera this fall.
CardiArc is currently in discussion with several potential manufacturers and will award a contract soon. The firm's CardiArc SPECT imaging system is designed to provide images of heart blood flow with up to three times the sharpness of other SPECT systems and up to 20 times faster, the company said. It is intended for use in outpatient settings and emergency rooms.