Canaccord Drops $6 Million In Cedara's Stocking
Cedara Software has closed a private placement with Canaccord Capital for $6.15 million. The Canadian imaging software firm plans to use the proceeds to finance its operations and the operations of its subsidiaries and to satisfy the payment and interest
Cedara Software has closed a private placement with Canaccord Capital for $6.15 million. The Canadian imaging software firm plans to use the proceeds to finance its operations and the operations of its subsidiaries and to satisfy the payment and interest deferred from Sept. 30 to former owners of Dicomit, acquired in mid-2000. In addition, Cedara will be able to raise another $3.1 million by selling shares in its Surgical Navigation Specialists (SNS) business to the investing lenders. This move will give the investors a maximum 6% interest in SNS.
BrightHeart Garners Third FDA Clearance for AI-Powered Assessments of Fetal Heart Ultrasound
May 14th 2025The latest FDA 510(k) clearance is for B-Right Views, an AI-enabled device, which provides automated detection of required views necessary for second- and third-trimester fetal heart ultrasound exams.
