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Radiis Inc

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BUSINESS
September 24, 1997 | Dow Jones
CardioVascular Dynamics Inc. said a small group of private investors and institutions has provided financing for Radiis Inc., a spinoff company. No terms were disclosed. Last month, CardioVascular said it expected its stake in Radiis to be less than 20%. CardioVascular said that in return for granting Radiis a limited license for the use of certain patents, including some catheter technologies, CardioVascular received "substantial" equity ownership in Radiis.
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BUSINESS
September 24, 1997 | Dow Jones
CardioVascular Dynamics Inc. said a small group of private investors and institutions has provided financing for Radiis Inc., a spinoff company. No terms were disclosed. Last month, CardioVascular said it expected its stake in Radiis to be less than 20%. CardioVascular said that in return for granting Radiis a limited license for the use of certain patents, including some catheter technologies, CardioVascular received "substantial" equity ownership in Radiis.
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BUSINESS
August 14, 1997 | BARBARA MARSH, TIMES STAFF WRITER
CardioVascular Dynamics Inc. said Wednesday that it is forming a spinoff company to develop products for using radioactive materials to treat blood vessels. The Irvine biomedical company said the offspring, Radiis Inc., will be housed close to its own corporate headquarters. The parent will license Radiis to develop the products using radioactive materials to prevent surgically unclogged vessels from clogging up again.
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