IsoRay scores additional financing

AuntMinnie.com staff writers
Mar 22, 2007

Medical isotope developer IsoRay Medical has closed on $16.5 million in equity financing.

The Richland, WA-based company plans to use the net proceeds to expand its sales and marketing efforts and invest in plant, equipment, and manufacturing technologies to lower production costs and bolster the application of medical isotopes beyond the prostate market.

By AuntMinnie.com staff writers
March 23, 2007

Related Reading

IsoRay adds cesium-131 sites, January 17, 2007

IsoRay sales triple in fiscal Q1, November 15, 2006

IsoRay reaches seed century mark, October 17, 2006

IsoRay promotes Hunt to CFO, raises seed prices, September 12, 2006

IsoRay revenues surge, loss widens in 2006, September 6, 2006

Copyright © 2007 AuntMinnie.com

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