XRT secures new investors

By Helen Schuller
Monday, 29 August, 2005

Unlisted imaging company XRT, an investee of BioTech Capital (ASX:BTC), has secured new investment funds from a syndicate of UK investors including an undisclosed institutional group.

Total funds to be invested in XRT equate to approximately £1.5 million (AUD$3.8million) at a pre-money valuation of £7.1 million.

Melbourne based XRT is planning to relocate its business development activities to the UK and will use the funds for the recruitment of a UK-based senior management team and to execute its business plan.

Related News

Scientists uncover how cancer cells hide from immune system

By targeting the RNA helicase known as DDX6, scientists could enable the immune system to...

Vanillin flavouring in vapes may disrupt embryo development

Vanillin — a common flavouring chemical in e-cigarettes — may disrupt the normal...

Heart valve tissues created from stem cells

The breakthrough should help advance our understanding into how human heart valves develop,...


  • All content Copyright © 2026 Westwick-Farrow Pty Ltd