The company has a market cap of NIS 36 million.
Sources inform ''Globes'' that dental implant developer Sialo Technology Israel Ltd. (TASE: SALO) is seeking to raise NIS 5-6 million, according to its prospectus.
Sialo develops minimally invasive treatments for root canal treatment, saliva stones, and dental implants. The treatments are based on the company's proprietary fiber optic endoscopes for direct viewing into the mouth instead of current blind treatments.
Sialo's share price rose 0.7% today to NIS 2.29, giving a market cap of NIS 36 million.
Published by Globes [online], Israel business news - www.globes-online.com - on November 25, 2010
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