Digirad completes equity financing

August 20, 1997

Solid-state digital gamma camera developer Digirad has received a $20 million cash infusion from a venture capital group. The San Diego-based vendor will use the equity financing to scale up manufacturing and build a sales and marketing infrastructure to

Solid-state digital gamma camera developer Digirad has received a $20 million cash infusion from a venture capital group. The San Diego-based vendor will use the equity financing to scale up manufacturing and build a sales and marketing infrastructure to support the launch of Digirad 2020 TC Imager, nuclear medicine's first solid-state digital camera cleared for marketing in the U.S. The venture capital group is led by Vector Fund Management, according to the company.

Digirad received Food and Drug Administration 510(k) clearance for 2020 TC Imager just days before the start of the Society of Nuclear Medicine meeting in San Diego (SCAN 6/11/97). The scanner, formerly known as Notebook Imager, is the company's first commercially available product.