Financial projections from AngioDynamics (NSDQ:ANGO) about its $372 million deal to acquire Navilyst Medical show that it expects to reap some significant rewards from the merger over the short and long terms.
Safeguard Scientifics (NYSE:SFE) led a $7 million Series A financing round for health care IT company Medivo that provides data analytics and lab testing services.
Imaging outsourcing company Foundation Radiology Group completed a $6 million "Series A1" round, sourced from previous investors.
The company plans to use the funding to expand into new markets, but CFO Barbara Beaudin declined to offer more specifics. Pittsburgh-based Foundation has clients in five states — Pennsylvania, New York, Virginia, Kentucky and Michigan — Beaudin said.