Grable returns to IDSI

By AuntMinnie.com staff writers

April 24, 2008 -- Linda B. Grable, co-founder of Imaging Diagnostic Systems (IDSI), has come out of retirement to again become chairman and CEO of the Plantation, FL, company.

IDSI also has accepted the resignations of three outside directors -- Jay Bendis, Patrick Gorman, and Sherman Lazrus -- as a condition to receive funding from an outside source.

On April 18, IDSI entered into an agreement with investment firm Charlton Avenue for a maximum commitment of $15 million for three years from the effective date of the resignations.

The company currently is conducting clinical studies for a premarket approval (PMA) application to the U.S. Food and Drug Administration for its computed tomography laser mammography (CTLM) system. The technology is limited to investigational use only in the U.S.

IDSI says Hansen to retire as CEO, December 28, 2007

IDSI adds CTLM trial site, November 29, 2007

IDSI sells HQ for $4.4 million in leaseback deal, September 19, 2007

IDSI sends CTLM unit to Malaysia, September 5, 2007

Study: IDS' CTLM aids in dense-breast imaging, June 26, 2007

Copyright © 2008 AuntMinnie.com

 
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