Navigation Links
SeraCare Life Sciences Secures $20 Million Credit Facilities
Date:1/6/2011

MILFORD, Mass., Jan. 6, 2011 /PRNewswire/ -- SeraCare Life Sciences, Inc. (Nasdaq: SRLS), a global life sciences company providing vital products and services to facilitate the discovery, development and production of human diagnostics and therapeutics, today announced that it has entered into a loan agreement that provides senior secured credit facilities in the aggregate amount of $20.0 million with Middlesex Savings Bank and Commerce Bank and Trust Company.  Subject to the terms of the loan agreement, SeraCare can use these funds for working capital, acquisitions, stock repurchases and other general corporate purposes.

"We see securing this loan as one of the first steps towards achieving our goal of doubling the size of SeraCare's business over the next three to four years through a combination of organic growth from our existing business and opportunistic acquisitions," commented Gregory Gould, Chief Financial Officer of SeraCare.  "We believe we are well positioned to grow our existing business over the next several years and can now leverage the strength of our balance sheet with the additional financial resources provided by these credit facilities to maximize SeraCare's opportunities."

Under the loan agreement, Middlesex Savings Bank and Commerce Bank and Trust Company will provide $12.0 million and $8.0 million, respectively, of the total $20.0 million credit facilities, and Middlesex Savings Bank will serve as administrative agent.  The credit facilities are comprised of a $5.0 million revolving line of credit and a $15.0 million term loan facility and are subject to various conditions and covenants.  Additional details can be found in SeraCare's Form 8-K filed with the Securities and Exchange Commission regarding the credit facilities.

About SeraCare Life Sciences, Inc.:

SeraCare serves the global life sciences industry by
'/>"/>

SOURCE SeraCare Life Sciences, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. Paul Pospisil Joins Korn/Ferry as Senior Client Partner in Biotechnology and Life Sciences Practice
2. Sangamo BioSciences Announces Presentation at J.P. Morgan Healthcare Conference
3. Signal Genetics and Caris Life Sciences Announce Commercialization Partnership for New Myeloma Gene Expression Test
4. Advanced Life Sciences to Present at the Biotech Showcase™ 2011 Conference
5. Whitney M. Young, Jr. Health Services and Magellan Biosciences Partner to Provide Three-Minute LeadCare II Blood-Lead Screenings to Berlin Elementary Students
6. YM BioSciences Closes Public Offering of Common Shares
7. YM BIOSCIENCES PRICES $40 MILLION PUBLIC OFFERING
8. Pacific Biosciences and Harvard scientists decode genome of Haitian cholera pathogen
9. Sangamo BioSciences Announces Data Presentation of First In Vivo Demonstration of ZFN-mediated Gene Correction Via Systemic Delivery at American Society for Hematology Meeting
10. YM BioSciences Reports Positive Interim Data Including Substantial Anemia Response from Phase I/II Trial of JAK1/JaK2 Inhibitor CYT387
11. Egon Zehnder International Names Todd Hutchings to Lead Life Sciences Practice Group
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... , 22 de enero de 2015  El Dr. ... su llamada a nominaciones para 2015. Este prestigioso premio ... o tiene el potencial para hacer, contribuciones destacadas para ... aceptarán hasta el 15 de marzo de 2015 a ...
(Date:1/22/2015)... , a precision medicine software company that has developed a ... genomic, imaging and other biomedical data in research and clinical ... CEO of Aspera, an IBM Company, to its board as ... "We are pleased to welcome Michelle to ...
(Date:12/24/2014)... SPRING, Md. , Dec. 24, 2014  United Therapeutics ... Medtronic, Inc. (NYSE: MDT ) has submitted ... Drug Administration (FDA) for the use of Medtronic,s SynchroMed ... newly developed catheter) for use with United Therapeutics, Remodulin ...
(Date:12/24/2014)... Solutions , Inc. (NASDAQ: BLFS ), a leading ... storage and cryopreservation freeze media and ... or the "Company"), today announced that it will hold its ... "Annual Meeting"). Because the expected date for the ...
Breaking Biology Technology:El Dr. Paul Janssen Award for Biomedical Research emite su llamada a los nominados para 2015 2El Dr. Paul Janssen Award for Biomedical Research emite su llamada a los nominados para 2015 3El Dr. Paul Janssen Award for Biomedical Research emite su llamada a los nominados para 2015 4GenoSpace Expands Board with Appointment of Michelle Munson 2United Therapeutics Announces Submission Of Pre-Market Approval Application For Implantable Drug Infusion System To Deliver Remodulin 2United Therapeutics Announces Submission Of Pre-Market Approval Application For Implantable Drug Infusion System To Deliver Remodulin 3United Therapeutics Announces Submission Of Pre-Market Approval Application For Implantable Drug Infusion System To Deliver Remodulin 4BioLife Solutions Sets Date for Annual Meeting of Stockholders 2
... Wellcome Clinical Scholar, Department of Veterinary,Pathology, University of Glasgow, Bearsden Rd, Glasgow. G61 1QH. , ... Introduction , A method that ... of tissues for analysis in the Polymerase Chain Reaction is described. ... with a low risk of inadvertent contamination , ...
... , Prepare DNA from blood, cultured cells, or ... at 56C for 1530 min, then , boil for 8 ... an improved , substrate for PCR amplification. , ... Use whole blood samples that are frozen, refrigerated, or collected fresh. , ...
... Genomic DNA Isolation Kit , Catalog #732-6340 , ... Method , Cell Lysis , ... , at -70 to -80C. Fresh tissue may also be used. ... times including when tissue is weighed. , 2. Add 510 mg (0.0050.01 ...
Cached Biology Technology:Preparation of PCR Quality Template DNA from a Wide Range of Tissues Using InstaGene Matrix 2Preparation of PCR Quality Template DNA from a Wide Range of Tissues Using InstaGene Matrix 3InstaGene Matrix: Prepare DNA Templates for PCR With No Phenol/Chloroform Extractions and No Deproteinization Steps, Rev C 2Genomic DNA Isolation From 510 mg Marine Invertebrate Tissue 2
(Date:12/19/2014)... 2014 Research and Markets ( http://www.researchandmarkets.com/research/86ncd6/micro_market ) has ... America Perimeter Security Systems Market" report to their offering. ... North American perimeter security market is estimated to grow at ... U.S. market holds a larger share in this market, ...
(Date:12/17/2014)... , Dec. 15, 2014 Research and Markets ... "Samsung Galaxy S5 - Home Button Synaptics Fingerprint ... http://photos.prnewswire.com/prnh/20130307/600769 Based ... 5S, Samsung introduces for the first time a fingerprint ...
(Date:12/17/2014)... , Dec. 16, 2014 Valencell, a leader ... PerformTek biometric technology to industry leaders such as Intel, ... clinically validated, biometric wearable products. These products will be ... Las Vegas . ...
Breaking Biology News(10 mins):Micro Market Monitor: North America Perimeter Security Systems Market (Intrusion Detection Sensor, Video Surveillance, Communication/Alarm and Notification, Access Control System) 2Micro Market Monitor: North America Perimeter Security Systems Market (Intrusion Detection Sensor, Video Surveillance, Communication/Alarm and Notification, Access Control System) 3Samsung Galaxy S5 - Home Button Synaptics Fingerprint Sensor Technology Analysis 2Valencell PerformTek Biometrics Power the Most Accurate Wearables at CES 2015 2
... of Medicine autism experts Fred Volkmar, M.D. and Ami Klin ... to identify a gene and a region of a chromosome ... are published online today in Nature Genetics and also will ... based on the largest-ever autism genome scan. Over 120 scientists ...
... idea that one cause of high blood pressure lies within ... been put forward by scientists at the University of Bristol, ... , Dr. Hidefumi Waki, working in a research group led ... the protein, JAM-1 (junctional adhesion molecule-1), which is located in ...
... School of Public Health have discovered a means for ... from serum samples as a baseline biomarker, the scientists ... been associated with the development of liver carcinomas. This ... for early detection of liver cancer in high-risk populations, ...
Cached Biology News:Autism gene identified by researchers at Yale working with a global research consortium 2Blame the brain for high blood pressure 2Mailman School of Public Health researchers report blood DNA can be early predictor of liver cancer 2
IRF7 Immunogen: Synthetic peptide corresponding to residues E(463) G T Q R E G V S S L D S S S(477) of human IRF7. Storage: -20 C, Avoid Freeze/Thaw Cycles...
Purified anti-DNA-PKcs Phosphorylated (Thr2609)...
Polyclonal Antibody to Coronin / CORO1C This antibody was developed against synthetic peptides corresponding to amino acids 407-420 of human CORO1C....
... Antigen Afinity Purified Tyrosine ... polyclonal antibody was raised against ... acids residues surrounding the phospho-Ser40 ... The antibody was purified by ...
Biology Products: