BTI delisted from NASDAQ exchange

Article

The stock of magnetic source imaging developer Biomagnetic Technologieshas been taken off the NASDAQ stock exchange effective March 10.The company was found in violation of NASDAQ's listing criteria,which requires firms to have a minimum of $4 million in

The stock of magnetic source imaging developer Biomagnetic Technologieshas been taken off the NASDAQ stock exchange effective March 10.The company was found in violation of NASDAQ's listing criteria,which requires firms to have a minimum of $4 million in net tangibleassets. The company said that its common stock will now be tradedin the over-the-counter market.

San Diego-based BTI has suffered from shipping delays of its Magnes2500 WH system, and restructured in December to conserve cashuntil revenue from Magnes shipments begins to come in (SCAN 2/5/97).For the first quarter of 1997, the vendor reported a $2.1 millionnet loss on revenues of $317,000.

Recent Videos
Improving Access to Nuclear Imaging: An Interview with SNMMI President Jean-Luc C. Urbain, MD, PhD
SNMMI: 18F-Piflufolastat PSMA PET/CT Offers High PPV for Local PCa Recurrence Regardless of PSA Level
SNMMI: NIH Researcher Discusses Potential of 18F-Fluciclovine for Multiple Myeloma Detection
SNMMI: What Tau PET Findings May Reveal About Modifiable Factors for Alzheimer’s Disease
Emerging Insights on the Use of FES PET for Women with Lobular Breast Cancer
Can Generative AI Reinvent Radiology Reporting?: An Interview with Samir Abboud, MD
Mammography Study Reveals Over Sixfold Higher Risk of Advanced Cancer Presentation with Symptom-Detected Cancers
Combining Advances in Computed Tomography Angiography with AI to Enhance Preventive Care
Study: MRI-Based AI Enhances Detection of Seminal Vesicle Invasion in Prostate Cancer
What New Research Reveals About the Impact of AI and DBT Screening: An Interview with Manisha Bahl, MD
Related Content
© 2025 MJH Life Sciences

All rights reserved.