IsoRay raises $10 million

AuntMinnie.com staff writers

Jun 27, 2005

Medical isotope developer IsoRay has closed its final round of angel and private capital fundraising, according to the Richland, WA-based firm.

IsoRay said it has raised more than $10 million in debt and equity over the past 18 months through a private offering. It said it is planning to raise its next round of funding through institutional and public sectors in October.

In other news, the firm said its cesium-131 low-dose radiation (LDR) seed brachytherapy product will be offered at Warren General Hospital in Warren, PA.

By AuntMinnie.com staff writers
June 28, 2005

Related Reading

IsoRay implants first cesium-131 seed, October 27, 2004

IsoRay inks deal with PNNL and U.S. DOE, May 11, 2004

Copyright © 2005 AuntMinnie.com

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