TechniScan has completed $6.4 million in preferred funding

Published: Tuesday, Feb. 6 2007 12:37 a.m. MST

Salt Lake-based TechniScan Medical Systems Inc. said Monday it has completed a fourth-series preferred financing of $6.4 million.

The company develops ultrasound technology for breast imaging.

The company recently received a $2.8 million Small Business Innovative Research Program grant from the National Cancer Institute/National Institutes of Health.

Privately held TechniScan grew from the University of Utah's Department of Bioengineering.

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