Shine Medical Technologies said last week in an SEC filing that it raised $27.2 million in a round of debt financing. Over 200 investors have contributed to the $29 million offering, which made its 1st sale on October 11, 2013. Monona, Wis.-based Shine Medical makes radioactive isotopes for medical diagnostic purposes such as detecting and treating cancer, according to the […]
Shine Medical Technologies said today it won clearance from the U.S. Nuclear Regulatory Commission to construct a medical isotope manufacturing facility. Shine Medical said the company is the only U.S. medical isotope producer to have reached this permission stage with the NRC since 1960 for the 57,000 square foot facility in Janesville, Wisc. “This is the […]
Shine Medical raised $11.5 million in a new round of debt financing, according to an SEC filing posted today. Monona, Wis.-based Shine Medical produces radioactive isotopes for medical applications such as detecting and treating heart disease and cancer, according to the company’s website. The company’s main product is Molybdenum -99, which is used in Technetium-99m […]
Shine Medical closed an $11.4 million funding round for its method of generating a low-energy neutron source for medical imaging that uses a particle accelerator instead of a nuclear reactor.