Biophan forms business development group

AuntMinnie.com staff writers
Aug 25, 2005

MRI device developer Biophan Technologies has formed a new business development entity, Biophan Business Development Group, to capitalize on the firm's intellectual property portfolio through the expansion of licensing agreements.

Biophan said it will fund the new group's activities through resources to be made available from a financing facility of up to $30 million, to be provided by SBI Brightline XI, recently established at a weighted average fixed price of $3 per share, according to the West Henrietta, NY-based company.

By AuntMinnie.com staff writers
August 26, 2005

Related Reading

Biophan adds three patents, August 18, 2005

Biophan launches cardiovascular project, July 28, 2005

Biophan inks deal with Boston Scientific, July 1, 2005

Biophan finalizes MRA stent license, July 1, 2005

Biophan adds to patent portfolio, May 27, 2005

Copyright © 2005 AuntMinnie.com

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