Nipro to acquire Difference Capital-backed Infraredx

Japan's Nipro Corp (TYO: 8086) has agreed to acquire Infraredx Inc, a cardiovascular imaging company focused on the diagnosis of coronary artery disease. Infraredx, which is based in Burlington, Massachusetts, is a portfolio investment of Canadian specialty finance firm Difference Capital Financial (DCF). DCF invested US$5 million in convertible debentures of the company and said it expects to receive about that amount from the deal, subject to certain conditions. Earlier this month, DCF sold its majority interest in WorldGaming.

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