CardiArc begins next round of funding

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.

AuntMinnie.com staff writer
August 21, 2006

Related Reading

CardiArc gears up for launch of nuclear cardiology camera, July 31, 2006

CardiArc shows cardiac SPECT camera, June 7, 2006

CardiArc taps COO, June 5, 2006

CardiArc receives FDA nod for SPECT unit, January 25, 2006

CardiArc seeks clearance for SPECT, November 23, 2005

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