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ChromaVision gets $5mm in private placement from Safeguard

Executive Summary

Cellular imaging company ChromaVision Medical Systems raised $5mm through the private placement of stock to life sciences incubator Safeguard Scientifics, its largest shareholder. The company sold 2.3mm common shares at $2.18 each, a 21% discount to the market average.
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
    • Cytology
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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