June 30, 2014 | The Israeli ultrasound developer InSightec Image Guided Treatment raised between $50-62.5 million from US investment fund York Capital, among others. InSightec is a subsidiary of Elbit Medical Technologies and has a company value $200 million before cash. GE Healthcare and Medtech are also considering investment in InSightec, a company that has developed ultrasound treatment for the removal of bone tumors. InSightec was established in 1999 and prides itself on treating tumors without invasive surgeries.
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