Deals Roundup: MEDICAL DEVICE DAILY Reports on Photogen Technologies, Impath, Vitalstate, HPSC, Hypertension Diagnostics, and Herley Industries.

Business Editors & Health/Science Writers

BIOWIRE2K

ATLANTA--(BUSINESS WIRE)--Oct. 29, 2002

http://www.MedicalDeviceDaily.com/64981.html

As reported in a recent issue of MEDICAL DEVICE DAILY, the daily medical technology newspaper, a current Financings Roundup was compiled on some high-profile medical technology companies.

Financings Roundup:

-- Photogen Technologies (New Hope, Pennsylvania) reported signing documents to restructure its previously announced financing. As revised, the company will sell at least $9 million in common stock at 27 cents a share, with all other terms of the financing remaining unchanged...

-- Impath (New York) said it has amended its senior secured credit facility to increase the availability under its revolving credit line from $25 million to $40 million...

-- Vitalstate (Montreal, Quebec) reported a private placement of 1.6 million shares at 50 cents each, thus raising $800,000...

-- HPSC (Boston, Massachusetts), a provider of financing to medical professionals, said it has completed another step to enhance its lending capabilities for its growing customer base...

-- Hypertension Diagnostics (St. Paul, Minnesota) has extended the period during which holders of the company's redeemable Class A warrants may participate in the offering of up to 2.36 million redeemable Class B warrants...

-- Herley Industries (Lancaster, Pennsylvania) said its board of directors has authorized the purchase of up to an aggregate of 1 million shares of common stock from time to time, at prices deemed appropriate by management, in the open market or in private transactions...

For an expanded financings roundup, go to: http://www.MedicalDeviceDaily.com/64981.html to obtain a current copy of MEDICAL DEVICE DAILY.

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