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Bacterin Secures $15 Million Credit Facility with MidCap Financial and Silicon Valley Bank
Date:8/1/2011

approved, the company expects to be the only company in the space that can offer this technology with anti-microbial coatings, with a market potential the company estimated at $600 million.

"The second tranche of this new facility allows us to be opportunistic with our M&A program," added Cook, "as we focus on expanding our offerings for orthopedic implants for the extremities, such as foot and ankle, hands, cranial, and maxillofacial."

About MidCap Financial LLC

MidCap Financial is a commercial finance company focused on middle market lending in healthcare and other specialty vertical markets. MidCap specializes in middle market loans in the $10 million to $200 million range. Its principal officers are all veterans of the healthcare finance industry, having worked together at three healthcare finance companies previously. The company is headquartered in Bethesda, MD, with offices in Chicago and Los Angeles. Additional information about MidCap Financial can be found at www.midcapfinancial.com.

About Silicon Valley Bank

Silicon Valley Bank is the premier bank for technology, life science, cleantech, venture capital, private equity and premium wine businesses. SVB provides industry knowledge and connections, financing, treasury management, corporate investment and international banking services to its clients worldwide through 26 U.S. offices and seven international operations. (Nasdaq: SIVB) www.svb.com.

Silicon Valley Bank is the California bank subsidiary and the commercial banking operation of SVB Financial Group. Banking services are provided by Silicon Valley Bank, a member of the FDIC and the Federal Reserve System. SVB Private Bank is a division of Silicon Valley Bank. SVB Financial Group is also a member of the Federal Reserve System.'/>"/>

SOURCE Bacterin International, Inc.
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Related medicine technology :

1. Bacterin Sets Second Quarter 2011 Conference Call for Thursday, August 11, 2011 at 4:30 p.m. ET
2. Bacterin Joins Russell 3000, Russell Microcap, and Russell Global Indexes
3. Bacterin International Receives $1 million Initial Investment of $31 Million Purchase Agreement with Lincoln Park Capital Fund, LLC
4. Bacterin International Holdings, Inc. Reports First Quarter 2011 Financial Results
5. Bacterin International Holdings Launches Third Biologic Scaffold
6. Bacterin International Holdings, Inc. Schedules Conference Call to Present Fourth Quarter and Full Year 2010 Financial Results
7. Bacterin International Holdings, Inc. Receives Approval for Listing on NYSE Amex
8. Bacterin International Announces Major Orthopedic Hospital Group to Begin Use of OsteoSponge®SC
9. Bacterin International to Announce Launch of OsteoSponge®SC at American Academy of Orthopedic Surgeons 2011 Annual Meeting February 15-19
10. Bacterin International Holdings to Present at the OneMedForum San Francisco 2011
11. Bacterin International Holdings, Inc. Reports Third Quarter 2010 Financial Results
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