New financing for Resonant

Radiotherapy device manufacturer Resonant Medical said it has secured financing from the Canadian Medical Discoveries Fund, along with MDS Capital, BDC Venture Capital, and MSBi Capital.

The Montreal firm declined to disclose the exact amount, but said total investment in the latest round of financing for the firm's technology was between Canadian $10 million and $15 million ($8 million and $12 million U.S.).

By AuntMinnie.com staff writers
October 7, 2004

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