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VentriPoint Diagnostics Ltd V.VPT

Alternate Symbol(s):  VPTDF

Ventripoint Diagnostics Ltd. is a Canada-based medical device company. It is engaged in the development and commercialization of diagnostic tools to monitor patients with heart disease. It develops a suite of applications for all heart diseases and imaging modalities, including congenital heart disease, pregnancy, pulmonary hypertension, COVID-19, technically difficult imaging and cardiotoxicity in oncology patients. It provides application of artificial intelligence to echocardiography. Its flagship product, Ventripoint Medical System (VMS+), enhances echocardiography to deliver cMRI levels of accuracy for volumetric measurements and ejection fractions for all four chambers of the heart. It has developed a solution that transforms cardiac care through its 3D ECHO and MRI software. VMS products are powered by its proprietary Knowledge Based Reconstruction technology, which is the result of a decade of development and provides accurate volumetric cardiac measurements equivalent to MRI.


TSXV:VPT - Post by User

Post by old_dogon Mar 12, 2021 3:43pm
264 Views
Post# 32787521

Cedara

Cedara ISG Technologies changed it's name to Cedara....I mentioned this a long time ago and how uch they sold for...and the company was sold 16 years ago....so allow for higher prices today.


old_dog

Cedara Software Corp. of Toronto is being acquired by Merge EFilm of Milwaukee in an all-stock deal worth about $476.6 million, the companies announced Tuesday.

Merge EFilm, a global health-care software and services company, said it will issue either 0.587 of one of its common shares, or 0.587 shares of a newly created class of Canadian exchangeable shares, for each common share of Cedara, an independent developer of medical software technology.

 

The deal is valued at about $15.10 for each common share of Cedara. The companies said the offer includes 17.5 per cent premium to Cedara's 20-day volume weighted average stock price.

Cedara shares closed Monday up seven cents at $13.92 on the TSX. But the takeover deal barely moved Cedara stock. It was off 2 cents to $13.90 in trading on the TSX on Tuesday.

Merge EFilm shares were off 6 cents US, closing at $19.49 US on Nasdaq.

The deal is expected to close in April.

The corporate headquarters for the combined company will be in Milwaukee, Wisc. Richard Linden, Merge EFilm's president and CEO, will hold those positions in the new company, while Cedara president and CEO Abe Schwartz will serve as a member of its board of directors.


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