Naviscan raises $15 million

AuntMinnie.com staff writers
May 6, 2007

PET developer Naviscan PET Systems of San Diego has completed a private placement of $15 million in Series C financing.

The financing was led by QuestMark Partners of Baltimore and joined by Sanderling Ventures, Mayo Medical Ventures, and Walker Ventures, all previous investors in Naviscan. Proceeds from the financing will be used to further clinically validate and commercialize the company's PEM Flex Solo II PET scanner, as well as pursue the development of other imaging and interventional technology, including imaging agents.

By AuntMinnie.com staff writers
May 7, 2007

Related Reading

Road to RSNA, Naviscan PET Systems, November 15, 2006

Naviscan refines PEM technology, June 7, 2006

Naviscan raises $6.5 million, moves headquarters, November 29, 2005

Road to RSNA, Naviscan PET Systems, November 3, 2005

Road to RSNA, Naviscan PET Systems, November 8, 2004

Copyright © 2007 AuntMinnie.com

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Examples in two patients. (Top) Abnormal leukocyte accumulation was observed in the right 1st to 5th toes, with the radioactive lesions extending to the bone, indicating osteomyelitis (left panel, MIP image; right panel, axial SPECT/CT). Two spherical VOIs were drawn on diabetic foot infections (DFIs) and the highest SUVmax was 4.2 (higher than the cutoff of 1.1) Despite intensive treatment, the infection progressed, leading to the patient undergoing right below knee amputation 43 days after SPECT/CT. (Bottom) Mild focal abnormal leukocyte accumulation was detected in the right 3rd and 4th toes. The lesions were in contact with the bone, which raised a suspicion of osteomyelitis (left panel, MIP image; right panel, axial SPECT/CT). A circular VOI was drawn on DFIs and the SUVmax was 1.0 (lower than the cutoff of 1.1). After 10 weeks of antibiotic treatment, the infection was successfully resolved, and the foot was preserved. Image and caption courtesy of Scientific Reports.
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