Impressive Combination of Stellar Funding and National Cancer Institute Grants Readies TechniScan Medical Systems for Commercial Sales

SALT LAKE CITY--(BUSINESS WIRE)--TechniScan Medical Systems (TMS) Inc., a Salt Lake City-based developer of ultrasound technology for breast imaging, today announced it has closed its Series E Preferred Funding round at a total of $13 million. The lead investor in this round is a strategic investor - the Esaote Group, an international leader in the production of ultrasound and MRI medical imaging technologies. Esaote was joined in this round by return backers from TechniScan’s entire Board of Directors and many Angel Investors.

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