Salt Lake-based BSD expands scope of its operations

Salt Lake-based BSD Medical Corp. on Wednesday announced three areas of focus for the business.

The moves followed BSD's securing of funding through the creation and sale of TherMatrx Inc. to American Medical Systems Inc., which will result in a total cash infusion of about $40 million, with a maximum potential of $62.5 million.

Hyrum A. Mead, the company's president, said the business's core will remain the development and commercialization of microwave thermal treatment systems for cancer therapy.

But he added that the company will further expand the use of microwave thermal treatments beyond therapy for cancer and that the company intends to expand its "portfolio of core competencies beyond microwave heat therapy."