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North American Scientific acquires Theseus Imaging

Executive Summary

North American Scientific Inc. (NASI) (radioisotopic products for disease treatment and diagnosis) has acquired Theseus Imaging Corp. (radiopharmaceuticals) for about $20mm. NASI will issue 346k common shares valued at $9.65mm and assume approximately $10mm in debt including a loan to Theseus to fund trials of its lead product, Apomate.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
  • Pharmaceuticals
    • Radiopharmaceuticals, Contrast Agents
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Intra-Biotech Deal
    • Payment Includes Stock

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