Nanosonics Limited (ASX:NAN) has been granted a trading halt by the ASX pending details of a material fund raising.
The company is focused in its proprietary automated system for low temperature, high level disinfection (HLD).
Its first product, trophon® EPR, is for the HLD of ultrasound probes.
44 of top 50 hospitals in US and more than 1,500 hospitals across North America using trophon EPR.
The halt will remain in place until the opening of trade on Thursday 5th March 2015, or earlier if an announcement is made to the market.
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