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Friday, January 16, 2015

BRIEF-Digirad Corporation to invest in Perma Fix Medical, (NASDAQ: DRAD)

Perma Fix Medical SA : * Digirad Corporation will invest about 1 million USD and acquire about 5.4 percent stake in the company* Signs a letter of intent with Digirad Corporation to develop and commercialise a new process of producing the medical isotope TC-99m* To deliver the isotope TC-99m to Digirad Corporation once the production is launched Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Digirad Corporation is the developer and manufacturer of medical diagnostic imaging systems, including solid-state gamma cameras for nuclear cardiology and general nuclear medicine applications. Shares of DRAD fell by 6.29% or $-0.27/share to $4.02. In the past year, the shares have traded as low as $3.03 and as high as $4.63. On average, 72119 shares of DRAD exchange hands on a given day and today's volume is recorded at 101485.