Medipattern to complete private placement

Computer-aided detection (CAD) firm Medipattern of Toronto plans to complete a private placement of 8.5 million of its common shares.

The move will raise at least $1.7 million, which will be used for Medipattern's general working capital purposes, including further development of its Vascular iQ initiative and B-CAD-For-Life, according to the company.

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Medipattern inks New York deal, May 8, 2009

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Medipattern's revenue dips in Q2, February 23, 2009

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