IDSI sells HQ for $4.4 million in leaseback deal

AuntMinnie.com staff writers
Sep 18, 2007

Imaging Diagnostic Systems (IDSI) of Plantation, FL, has sold its headquarters building for $4.4 million in cash pursuant to a sale/leaseback agreement.

The financing arrangement is designed to reduce the company's dependency on equity financing.

IDSI currently has eight sites participating in its U.S. clinical trials, collecting data to file a premarket approval (PMA) application with the U.S. Food and Drug Administration for its CT laser mammography system to be used as an adjunct to mammography.

By AuntMinnie.com staff writers
September 19, 2007

Related Reading

IDSI sends CTLM unit to Malaysia, September 5, 2007

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

IDSI drops China distributor, April 11, 2007

Hansen re-ups with IDSI, January 23, 2007

IDSI nets Chinese reimbursement for CTLM, December 12, 2006

Copyright © 2007 AuntMinnie.com

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