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Mergers and Acquisitions

Brachytherapy seed developer announces merger

Published in Health and Medicine Week, July 26th, 2004

IsoRay has announced a merger into IsoRay Medical Inc., a Delaware Corp., and the formation of a new board of directors, pending shareholder approval.

The new board will include Vincent E. Low, a New York-based executive who has been active in biotechnology, real estate, and hospitality companies and has been involved in five public offerings to date.

The merger will combine IsoRay Inc.; IsoRay Management, LLC; and IsoRay Products, LLC into one corporate entity as the company readies for the introduction of its new U.S. Food and Drug Administration (FDA)-approved Cesium-131 brachytherapy seed, stated IsoRay's chief executive officer Roger...

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