Implant Practice US provides continuing education and other valuable resources to help you build upon your expertise in implantology. Our continuing education is updated regularly and accessible any time, from anywhere.
Purchase a subscription today!

LED: Closing of Apteryx Acquisition and Related Financings


Apteryx becomes new wholly owned standalone subsidiary of LED

Vancouver, British Columbia, February 13, 2017 — LED Medical Diagnostics Inc. (“LED” or the “Company”) (TSX-V: LMD) is pleased to announce the closing of the previously announced acquisition of Apteryx, Inc. (“Apteryx”) for an aggregate purchase price of US$10.25 million, and the closing of the related financings for gross proceeds totaling approximately C$14.4 million.

“Today is a key moment toward a bright future for both LED and Apteryx,” stated LED Chief Executive Officer, Dr. David Gane. “We are very excited to add such a talented team that brings a vast amount of experience and leadership to the LED family. With this transaction, collectively, we have created a leading North American dental imaging Company that possesses some of the industry’s best technologies, a significant customer base, strong growing and recurring revenue streams with very high margins and a platform for continued growth. Furthermore, we have recapitalized the business, providing LED with sufficient financial resources to capture additional revenue opportunities on an accelerated basis in the years to come.”

Stay Relevant With Implant Practice US

Join our email list for CE courses and webinars, articles and mores

SUBSCRIBE TODAY

Implant Practice US is a leading dental journal and publication for dental implantology continuing education, oral implantology case studies, and more. Subscribe to Implant Practice US today!

ONLINE DENTAL CE

Earn dental continuing education credits as an Implant Practice US subscriber. Log in for online dental CE credits now!

Other Dental Publications

AGD PACE MedMark White

SUBSCRIBE TODAY

Implant Practice US is a leading dental journal and publication for dental implantology continuing education, oral implantology case studies, and more. Subscribe to Implant Practice US today!

ONLINE DENTAL CE

Earn dental continuing education credits as an Implant Practice US subscriber. Log in for online dental CE credits now!

Other Dental Publications

Copyright © 2024 Orthodontic Practice US - Dental Journal and Online Dental CE | MedMark LLC
15720 North Greenway Hayden Loop, Suite #9 Scottsdale, AZ 85260 | All rights Reserved | Privacy Policy | Terms & Conditions

Shopping Cart
Scroll to Top