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Dilon Technologies

Full company profile

uuid0002326

Namestring
Dilon Technologies
Legal namestring
Dilon Technologies, Inc.
Websiteurl
dilon.com
Company typeenum
Private
Founded yearint
2004
Descriptiontext

Dilon Technologies, Inc. is a privately held medical device company headquartered in Newport News, Virginia, with an operational facility in Caesarea, Israel. Founded around 1999-2004, the company develops, manufactures, and sells surgical devices organized around two pillars: women's healthcare (breast cancer surgery) and biosurgery (surgical hemostasis and adjunct technologies). Its flagship product, MarginProbe, is the only FDA-approved device for real-time intraoperative margin assessment during breast-conserving surgery, using patented radio-frequency spectroscopy to differentiate cancerous from healthy tissue on the surface of excised lumpectomy specimens; a next-generation MarginProbe 2 received FDA approval in December 2025. The company acquired the MarginProbe technology through its 2020 purchase of substantially all assets of Dune Medical.

The broader portfolio includes HEMOBLAST Bellows (the only combination powdered surgical hemostat containing thrombin, collagen, and chondroitin sulfate, manufactured by subsidiary Dilon Technologies France SAS), the Navigator 2.0 wireless gamma probe system for lymphatic mapping and tumor localization, the TrueView 200 Pro specimen radiography system with automated calcification recognition, and the CoPilot VL+ portable video laryngoscope. These products are sold through a hybrid go-to-market model combining a direct enterprise field sales force (historically ~20 U.S. sellers) targeting hospitals, breast centers, and surgical facilities, plus an international distribution network reaching 76+ countries. In April 2026 Dilon entered an exclusive U.S. distribution agreement for HEMOBLAST Bellows with Xtant Medical, transferring its U.S. sales team into Xtant's commercial organization.

Revenue is generated primarily through hardware sales of devices and associated consumables, supplemented by distribution/licensing arrangements such as the Xtant Medical deal. Pricing is not publicly disclosed and follows a contact-sales, multi-year contract model. The company is led by CEO George Makhoul and Chairman Bob Moussa, with Paul Uricchio as Director of Global Marketing. Reported scale signals include 16,000+ patients treated with MarginProbe, 100+ surgeon users, 12+ peer-reviewed publications supporting MarginProbe, and $30.6M of cumulative disclosed equity funding across 2009-2025, most recently a $9M round led by JGB Management in June 2025.

Short descriptiontext

Dilon Technologies is a privately held medical device company that develops and markets surgical devices for breast cancer surgery and biosurgery, including the FDA-approved MarginProbe system for real-time intraoperative margin assessment, HEMOBLAST Bellows hemostat, and Navigator gamma probes, serving hospitals and breast centers across 76+ countries.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersNewport News, United States
HQ citystring
Newport News
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
intraoperative margin assessment, surgical hemostatic agents, gamma probe systems, breast cancer surgery devices, specimen radiography systems
Industry2 codes
1Surgical Stapling, Suturing & Hemostasis (Staplers, Clips, Sealants, Tourniquets)
CodeHLAHADALPrimaryYes
2Airway Management Devices (ET Tubes, LMAs, Tracheostomy, Suction)
CodeHLAHAGAFPrimaryNo
NAICS code1 code
  • Surgical Appliance and Supplies Manufacturing339113
SIC code1 code
  • Surgical & Medical Instruments & Apparatus3841
Product category
Medical Devices for Women's Healthcare and Surgical Biosurgery
Social media profiles2 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Medical Device Sales
TypeHardware Sales
Description

Direct sales of proprietary medical devices including MarginProbe, Navigator systems, TrueView, and CoPilot VL+ to hospitals, surgical centers, and healthcare providers. Revenue generated from hardware sales with associated consumables and accessories.

dilon.com
2Distribution/ Licensing Revenue
TypeLicensing Royalties
Description

Revenue from exclusive distribution agreements such as the U.S. distribution agreement with Xtant Medical for HEMOBLAST Bellows. Company retains product development and manufacturing while partner handles distribution in defined territories.

prnewswire.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Personnel, Marketing or Sales, Technology or R&D, Operations
Pricing details1 tier
1Request a Demo / Contact Sales
ModelOtherBilling cadenceMulti-year contract
Notes

No public pricing available. Products require direct inquiry through sales team.

dilon.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 5 records shown
1Navigator
Description

Radio-guided surgical gamma probe system for lymphatic mapping and tumor localization

dilon.com
+4 more records
Core offering1 text field

Dilon Technologies develops, manufactures, and sells proprietary medical devices for women's healthcare and biosurgery. Its portfolio includes the MarginProbe system for real-time intraoperative margin assessment during breast lumpectomy, HEMOBLAST Bellows powdered surgical hemostat, the Navigator 2.0 wireless gamma probe for lymphatic mapping and tumor localization, the TrueView 200 Pro specimen radiography system, and the CoPilot VL+ portable video laryngoscope. Products are sold to hospitals, breast centers, and surgical facilities globally.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 8 values shown
  • 23%-88% relative reduction in re-excision rates with MarginProbe
+7 more records
Product overview1 text field

Dilon Technologies is a women's healthcare company that has expanded into biosurgery, developing, manufacturing, and promoting innovative medical devices. The portfolio includes MarginProbe (RF-based intraoperative margin assessment for breast cancer surgery), HEMOBLAST Bellows (topical hemostatic agent for surgical bleeding), Navigator 2.0 (wireless gamma probe for lymphatic mapping and tumor localization), TrueView 200 Pro (specimen radiography system for breast tissue imaging), and CoPilot VL+ (video laryngoscope for airway management). The company operates globally across 76 countries with over 20 years in medical devices.

Product and service1 record
1MarginProbe
Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-04-13
Description

Xtant Medical acquired exclusive U.S. distribution rights to Dilon Technologies' HEMOBLAST Bellows hemostatic product. As part of the agreement, Xtant hired Dilon's approximately 20-person U.S. sales team. The deal targets the estimated $2.0 billion global addressable market for hemostatic products and expands Xtant's surgical portfolio.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2020-04-02
Description

Dilon Technologies acquired substantially all assets of Dune Medical, including MarginProbe product line. The acquisition added the only FDA-approved device for intraoperative margin assessment during breast conservation surgery. Synergy achieved through combination of Dilon's Navigator Gamma Probes and MarginProbe for comprehensive breast cancer surgical solutions.

Strategic tierStrategicTypeTechnology or IntegrationAnnounced on2017-08-23
Description

FDA clearance obtained for dual head MBI (Molecular Breast Imaging) localization accessory for breast biopsy, developed in collaboration with GE Healthcare. Represents product integration for breast imaging capabilities.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Market position
Competitive moat5 records

Each record includes

Type, Details

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds5 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Dilon Technologies

Medical Devices for Women's Healthcare and Surgical Biosurgerydilon.com

Dilon Technologies is a privately held medical device company that develops and markets surgical devices for breast cancer surgery and biosurgery, including the FDA-approved MarginProbe system for real-time intraoperative margin assessment, HEMOBLAST Bellows hemostat, and Navigator gamma probes, serving hospitals and breast centers across 76+ countries.

What Dilon Technologies does

Dilon Technologies, Inc. is a privately held medical device company headquartered in Newport News, Virginia, with an operational facility in Caesarea, Israel. Founded around 1999-2004, the company develops, manufactures, and sells surgical devices organized around two pillars: women's healthcare (breast cancer surgery) and biosurgery (surgical hemostasis and adjunct technologies). Its flagship product, MarginProbe, is the only FDA-approved device for real-time intraoperative margin assessment during breast-conserving surgery, using patented radio-frequency spectroscopy to differentiate cancerous from healthy tissue on the surface of excised lumpectomy specimens; a next-generation MarginProbe 2 received FDA approval in December 2025. The company acquired the MarginProbe technology through its 2020 purchase of substantially all assets of Dune Medical.

The broader portfolio includes HEMOBLAST Bellows (the only combination powdered surgical hemostat containing thrombin, collagen, and chondroitin sulfate, manufactured by subsidiary Dilon Technologies France SAS), the Navigator 2.0 wireless gamma probe system for lymphatic mapping and tumor localization, the TrueView 200 Pro specimen radiography system with automated calcification recognition, and the CoPilot VL+ portable video laryngoscope. These products are sold through a hybrid go-to-market model combining a direct enterprise field sales force (historically ~20 U.S. sellers) targeting hospitals, breast centers, and surgical facilities, plus an international distribution network reaching 76+ countries. In April 2026 Dilon entered an exclusive U.S. distribution agreement for HEMOBLAST Bellows with Xtant Medical, transferring its U.S. sales team into Xtant's commercial organization.

Revenue is generated primarily through hardware sales of devices and associated consumables, supplemented by distribution/licensing arrangements such as the Xtant Medical deal. Pricing is not publicly disclosed and follows a contact-sales, multi-year contract model. The company is led by CEO George Makhoul and Chairman Bob Moussa, with Paul Uricchio as Director of Global Marketing. Reported scale signals include 16,000+ patients treated with MarginProbe, 100+ surgeon users, 12+ peer-reviewed publications supporting MarginProbe, and $30.6M of cumulative disclosed equity funding across 2009-2025, most recently a $9M round led by JGB Management in June 2025.

Dilon Technologies firmographics

Firmographics
Name
Dilon Technologies
Legal name
Dilon Technologies, Inc.
Website
https://dilon.com
Company type
Private
Founded year
2004
Operating status
Operating
Headcount range
51–100 employees
Short description
Dilon Technologies is a privately held medical device company that develops and markets surgical devices for breast cancer surgery and biosurgery, including the FDA-approved MarginProbe system for real-time intraoperative margin assessment, HEMOBLAST Bellows hemostat, and Navigator gamma probes, serving hospitals and breast centers across 76+ countries.
Ownership category
akta.pro rank

Dilon Technologies industry classification

Industry
Product category
Medical Devices for Women's Healthcare and Surgical Biosurgery
NAICS
Surgical Appliance and Supplies Manufacturing (339113)
SIC
Surgical & Medical Instruments & Apparatus (3841)
akta.pro primary industry
Surgical Stapling, Suturing & Hemostasis (Staplers, Clips, Sealants, Tourniquets) (HLAHADAL)
akta.pro secondary industry
Airway Management Devices (ET Tubes, LMAs, Tracheostomy, Suction) (HLAHAGAF)

Keywords

  • Intraoperative margin assessment
  • Surgical hemostatic agents
  • Gamma probe systems
  • Breast cancer surgery devices
  • Specimen radiography systems

Where Dilon Technologies is headquartered

Location

Headquarters

HQ city
Newport News
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Dilon Technologies business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Marketing or Sales, Technology or R&D, Operations

Revenue model

  1. Medical Device Sales: Direct sales of proprietary medical devices including MarginProbe, Navigator systems, TrueView, and CoPilot VL+ to hospitals, surgical centers, and healthcare providers. Revenue generated from hardware sales with associated consumables and accessories.
  2. Distribution/ Licensing Revenue: Revenue from exclusive distribution agreements such as the U.S. distribution agreement with Xtant Medical for HEMOBLAST Bellows. Company retains product development and manufacturing while partner handles distribution in defined territories.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractRequest a Demo / Contact Sales

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Dilon Technologies product offering

Product offering

Core offering

Dilon Technologies develops, manufactures, and sells proprietary medical devices for women's healthcare and biosurgery. Its portfolio includes the MarginProbe system for real-time intraoperative margin assessment during breast lumpectomy, HEMOBLAST Bellows powdered surgical hemostat, the Navigator 2.0 wireless gamma probe for lymphatic mapping and tumor localization, the TrueView 200 Pro specimen radiography system, and the CoPilot VL+ portable video laryngoscope. Products are sold to hospitals, breast centers, and surgical facilities globally.

Product overview

Dilon Technologies is a women's healthcare company that has expanded into biosurgery, developing, manufacturing, and promoting innovative medical devices. The portfolio includes MarginProbe (RF-based intraoperative margin assessment for breast cancer surgery), HEMOBLAST Bellows (topical hemostatic agent for surgical bleeding), Navigator 2.0 (wireless gamma probe for lymphatic mapping and tumor localization), TrueView 200 Pro (specimen radiography system for breast tissue imaging), and CoPilot VL+ (video laryngoscope for airway management). The company operates globally across 76 countries with over 20 years in medical devices.

Differentiator

Problem solved

Functional benefit

Brands

  • Navigator: Radio-guided surgical gamma probe system for lymphatic mapping and tumor localization
  • MarginProbe
  • HEMOBLAST Bellows
  • CoPilot VL+
  • TrueView

Products and services

  • MarginProbe

Quantifiable outcome

  • 23%-88% relative reduction in re-excision rates with MarginProbe
  • +7 more outcomes

Companies that use Dilon Technologies

Customer profile

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Dilon Technologies technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Dilon Technologies partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core and strategic.

  • Xtant Medical HoldingscoreChannel Partner/ Reseller/ Distributor · 13 April 2026Xtant Medical acquired exclusive U.S. distribution rights to Dilon Technologies' HEMOBLAST Bellows hemostatic product. As part of the agreement, Xtant hired Dilon's approximately 20-person U.S. sales team. The deal targets the estimated $2.0 billion global addressable market for hemostatic products and expands Xtant's surgical portfolio.
  • Dune MedicalcoreTechnology or Integration · 2 April 2020Dilon Technologies acquired substantially all assets of Dune Medical, including MarginProbe product line. The acquisition added the only FDA-approved device for intraoperative margin assessment during breast conservation surgery. Synergy achieved through combination of Dilon's Navigator Gamma Probes and MarginProbe for comprehensive breast cancer surgical solutions.
  • GE HealthcarestrategicTechnology or Integration · 23 August 2017FDA clearance obtained for dual head MBI (Molecular Breast Imaging) localization accessory for breast biopsy, developed in collaboration with GE Healthcare. Represents product integration for breast imaging capabilities.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Dilon Technologies competitors and assessment

Company assessment

Market position

Competitive moat5 records

Key highlights6 records

Customer concentration

Dilon Technologies social profiles

Digital presence

Dilon Technologies financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Dilon Technologies leadership team

Management profile

Number of profiles

Profiles4 records

Dilon Technologies subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Dilon Technologies funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Dilon Technologies M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dilon Technologies

What does Dilon Technologies do?

Dilon Technologies develops, manufactures, and sells proprietary medical devices for women's healthcare and biosurgery. Its portfolio includes the MarginProbe system for real-time intraoperative margin assessment during breast lumpectomy, HEMOBLAST Bellows powdered surgical hemostat, the Navigator 2.0 wireless gamma probe for lymphatic mapping and tumor localization, the TrueView 200 Pro specimen radiography system, and the CoPilot VL+ portable video laryngoscope. Products are sold to hospitals, breast centers, and surgical facilities globally.

Is Dilon Technologies a public or private company?

Dilon Technologies is a private company. It is classified as unknown and is currently operating.

When was Dilon Technologies founded?

Dilon Technologies was founded in 2004. It employs 51 to 100 people.

Where is Dilon Technologies based?

Dilon Technologies is headquartered in Newport News, United States, in the North America region.

How does Dilon Technologies make money?

Two revenue lines are on record. Medical Device Sales are the primary driver. The others are distribution/ Licensing Revenue.

Does Dilon Technologies have an API?

No public API is recorded for Dilon Technologies.

What industry is Dilon Technologies in?

Dilon Technologies's product category is Medical Devices for Women's Healthcare and Surgical Biosurgery. Its primary akta.pro industry code is HLAHADAL, Surgical Stapling, Suturing & Hemostasis (Staplers, Clips, Sealants, Tourniquets), with a secondary code of HLAHAGAF, Airway Management Devices (ET Tubes, LMAs, Tracheostomy, Suction). Its NAICS code is 339113 and its SIC code is 3841.

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Live signals
The Motley FoolXtant Medical (XTNT) Q2 2026 Earnings Call TranscriptXtant Medical Holdings, Inc. reported second quarter 2026 financial results with total revenue of $23 million, down from $35.4 million in the prior year period, driven by the sale of noncore assets to Companion Spine and the cessation of Q-Code license revenue at the end of 2025. The company posted a net loss of $9.4 million and an adjusted EBITDA loss of $2.7 million, compared to positive adjusted EBITDA of $6.9 million in Q2 2025, as integration of the Dilon Technologies sales force and transition of HEMOBLAST Bellows to company-specific contracts created short-term headwinds. Management reduced full-year 2026 revenue guidance to $99 million to $103 million from the previous range of $101 million to $105 million, citing softness in legacy biologics and amniotic product lines, while expressing optimism about the expanded commercial organization of over 25 sales reps and three national accounts managers.Seeking AlphaXtant outlines $99M-$103M 2026 revenue guidance while integrating Dilon sales force (NYSE:XTNT)Xtant Medical Holdings reduced its full-year 2026 revenue guidance to $99 million-$103 million due to soft Q2 sales driven by the integration of the Dilon Technologies sales force and ongoing headwinds in its advanced wound care segment. The company reported a second-quarter net loss of $9.4 million, citing lower-than-expected biologics revenue and increased costs associated with inventory and exclusivity fees.Stock TitanXtant Medical Q2 Earnings: Revenue $23M, Guidance CutXtant Medical reported its second quarter 2026 financial results with revenue of $23.0 million, reflecting a decline from the previous year primarily due to asset sales and changes in reimbursement environments. The company launched Trivium™ Shaped and announced an exclusive U.S. distribution agreement with Dilon Technologies, including hiring their sales team.PR NewswireXtant Medical Reports Second Quarter 2026 Financial ResultsXtant Medical reported Q2 2026 revenue of $23.0 million, down from $35.4 million in 2025, and a net loss of $9.4 million versus $3.6 million income. The company cut its full-year guidance to $99-103 million from $101-105 million, citing lower biologics revenue and amnio headwinds.Castle PlacementTop 10 Healthcare Devices and Supplies Capital Raises and Investors in the U.S. – January 1st to March 31st, 2026This report summarizes capital raising activity in the U.S. Healthcare Devices and Supplies sector during Q1 2026, compiling multiple funding rounds and acquisitions. Notable transactions include Verily Life Sciences raising $300 million from Series X Capital and Alphabet, YourBio Health being acquired by Hims & Hers Health for $150 million, and TheraB Medical acquired by Natus Sensory for $4.2 million. The report also covers earlier-stage funding for companies including Dilon Technologies, HEARTio, and JuneBrain, alongside various venture investments across cardiac monitoring, digital therapeutics, and diagnostic devices.PR NewswireXtant Medical and Dilon Technologies Announce Exclusive U.S. Distribution Agreement for Dilon's HEMOBLAST® Bellows ProductXtant Medical Holdings has entered into an exclusive U.S. distribution agreement for Dilon Technologies' HEMOBLAST® Bellows hemostatic product, acquiring rights to sell the device for use in surgical procedures where conventional hemostasis is ineffective or impractical. As part of the agreement, Xtant has hired Dilon's approximately 20-person U.S. sales team and plans to integrate them into its commercial organization. The deal expands Xtant's surgical portfolio and provides access to an estimated $2.0 billion global addressable market for hemostatic products.NextmscBreast Imaging Technologies Market Growth and Trends 2030The global breast imaging technologies market was valued at USD 3.54 billion in 2019 and is projected to reach USD 7.43 billion by 2030, growing at a CAGR of 6.90% from 2020 to 2030, driven by increasing breast cancer incidence, rising awareness initiatives, and technological advancements in imaging modalities. The WHO reported that over 627,000 women died from breast cancer in 2018, underscoring the clinical need for early detection technologies. In April 2020, Dilon Technologies acquired all assets of Dune Medical, including its MarginProbe device, to expand its portfolio of FDA-approved devices for identifying positive surgical margins during breast conservation surgery.PR NewswireDilon Technologies Announces FDA Approval and U.S. Launch of MarginProbe® 2, Next-Generation Intraoperative margin assessment technologyDilon Technologies has received FDA approval and launched MarginProbe® 2 in the United States, a next-generation real-time intraoperative margin assessment device for breast cancer surgery. The system, developed by Dilon's Israel-based team, achieves over 76% sensitivity across all tumor types, building on the original device's demonstrated ability to reduce re-excision rates by more than 54%. Dilon's commercial team is now conducting nationwide showcases to drive adoption among hospitals and breast surgeons.PR NewswireDilon Technologies Announces the Publication of Data Demonstrating Cost-Savings Results from the Use of MarginProbeTM Compared to a Full Cavity Shave (FCS) ApproachDilon Technologies announced the publication of a comparative study in the Journal of Cost Effectiveness and Resource Allocation demonstrating that its MarginProbe™ device can achieve greater cost savings than a Full Cavity Shave (FCS) approach in breast conserving surgery, primarily due to reduced pathology processing costs. The study, authored by researchers including Dr. Mehran Habibi from Northwell Health, found that both methods reduce re-excision rates, with MarginProbe™ showing a relative reduction of 23% to 88% across over 12 peer-reviewed publications. CEO George Makhoul stated the findings provide actionable evidence for surgeons to present to hospital administrators to justify adopting MarginProbe™ over FCS for improved clinical and financial outcomes.SecSEC FORM DDilon Technologies Inc. filed a Form D with the SEC for an exempt offering of securities under Rule 506(b) with a total offering amount of $5,450,000. The company has already sold $1,853,000 worth of securities to 34 investors as of the filing date in January 2018. Taglich Brothers, Inc. is acting as the broker-dealer for the transaction.