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ARTMS Closes a US$19 Million Series A Financing with Deerfield and GHS Fund

ARTMS Inc. a global leader in developing technology that transforms the production of the world’s most-used diagnostic imaging isotopes, announced that it has raised US$19 million in Series A financing. The investment was led by New York based Deerfield Management Company with continued investment from Vancouver based seed investor GHS Fund (Quark Venture LP and GF Securities).


We are thrilled to have this significant investment with such knowledgeable, high-caliber investors. This funding gives us the financial flexibility to leverage our QUANTM Irradiation SystemT (QISTM) technology and partner with customers to revolutionize the nuclear medicine industry by enabling global access to cyclotron-produced medical isotopes,” says Charles S. Conroy, Chief Executive Officer of ARTMS Inc.


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Source: AIT News Desk