FluoroPharma Medical, Inc. (FPMI) As a Takeover Target
For many emerging companies, the ideal exit is a big-money major-corporate buyout, giving principals and investors a whopping return. Unfortunately, it’s not the most common outcome. Getting the right mix of technology, application, market demand, management, and financing is definitely the exception, not the rule. But FluoroPharma Medical, based in Boston, may be the one company that’s on the right side of the equation. FluoroPharma is a provider of medical diagnostic imaging agents used with positron emission tomography (PET). The advantage of PET, versus other types of diagnostic imaging, is its unique ability to assess molecular metabolism, allowing doctors to…