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International Isotopes, Inc.

This article was originally published in The Gray Sheet

Executive Summary

Private placement of common stock and warrants to company management, directors, several shareholders and three investment institutions grosses over $10 mil., the firm reports Dec. 15. The Denton, Texas maker of brachytherapy devices plans to use the proceeds to complete installation and testing of equipment including a 70MeV LINAC and 42 MeV Cyclotron, continue expansion of finished radiopharmaceutical and radiochemistry capabilities, and produce radioisotopes, radiochemicals and brachytherapy devices

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