NAS to divest nontherapeutic products

AuntMinnieEurope.com staff writers
Sep 3, 2008

Radiation therapy firm North American Scientific (NAS) has signed a definitive agreement to sell its nontherapeutic product line to Eckert & Ziegler Isotope Products of Berlin.

The transaction, valued at approximately $6 million, is subject to customary conditions and is expected to close by September 5, according to the Chatsworth, CA-based firm.

Related Reading

NAS gets Nasdaq noncompliance notice, August 25, 2008

NAS taps new VP of marketing, July 15, 2008

NAS fails to meet Nasdaq minimum bid price, April 11, 2008

NAS revenues up in Q1, but loss widens, March 20, 2008

NAS CFO resigns, March 5, 2008

Copyright © 2008 AuntMinnie.com

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