Navigation Links
BioElectronics Receives Working Capital Infusion
Date:5/29/2013

FREDERICK, Md., May 29, 2013 /PRNewswire/ -- BioElectronics Corporation (OTC Pink: BIEL), the maker of advanced consumer medical devices, is pleased to announce it has been issued a $500,000 Line of Credit from Ex-Im Bank to create jobs and assist with export working capital. 

The funding will enable BioElectronics to increase production of its existing products and expand export sales worldwide.  The Company has established distribution agreements with more than 20 distributors in over 30 countries in Asia, Europe, Canada and Central and South America. 

"Our products have been awarded innovation awards from The Wall Street Journal and the prestigious OTC Bulletin drugstore trade journal and we very much appreciate the Ex-Im Bank's loan and international accounts receivable insurance coverage," said Andrew J. Whelan , President, BioElectronics.

About BioElectronics Corporation

BioElectronics (www.bielcorp.com) is an award winning developer and manufacturer of advanced medical devices. Its products are ActiPatch® Therapy, for over-the-counter treatment of back pain and other musculoskeletal ailments, the Allay™ Menstrual Cycle Pain Therapy, and RecoveryRx™ for surgical procedures and wound care.

Contact:

Paul Knopick
940.262.3584
pknopick@eandecommunications.com


'/>"/>
SOURCE BioElectronics Corporation
Copyright©2012 PR Newswire.
All rights reserved

Page: 1

Related medicine technology :

1. BioElectronics and Pulsed Shortwave Therapy Make Progress
2. BioElectronics Presents FDA Reclassification Panel
3. BioElectronics New Patent Published
4. BioElectronics to Ease pain in Iraq
5. BioElectronics Selects New South Korean Distributor for its Healing and Pain Products
6. BioElectronics Obtains Additional US Patent For Its Unique Pain Devices
7. BioElectronics Enters Malaysias Pain Relief Market
8. BioElectronics Unique Pain Relief Product Featured on Leading Healthcare Show in Spain
9. BioElectronics Announces Chronic and Postoperative Wound Care Product Distribution in Italy
10. BioElectronics CEO Honored by Chabad at Johns Hopkins Medicine
11. BioElectronics Expands European Distribution to Malta
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/27/2016)... LONDON , May 27, 2016 ... an innovative biopharma company focused on the highly ... built a substantial pipeline of potential first-in-class or ... which are in development with strategic partners. HCM,s ... the fast-growing domestic market. We expect progress of ...
(Date:5/26/2016)... -- According to a new market report published ... Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - ... valued at US$ 5.89 Bn in 2014 and is anticipated ... 2023 to reach US$ 7.99 Bn in 2023. ... free drug delivery devices and the market is estimated based ...
(Date:5/26/2016)... , May 26, 2016 ... has matured into an essential life science tool for ... development applications. BCC Research reveals in its new report ... second growth phase, one powered by a range of ...      (Logo: http://photos.prnewswire.com/prnh/20140723/694805 ) , ...
Breaking Medicine Technology:
(Date:5/27/2016)... ... May 27, 2016 , ... More than a third of American adults ... that bariatric surgery has received increased attention in recent years, as an article ... comes to weight loss, most people are familiar with the basic requirements of maintaining ...
(Date:5/27/2016)... ... May 27, 2016 , ... An influential resource amongst nurses and ... to shed lights on the variety of topics detailing why we appreciate nurses in ... why this career has gone from being in a major recession to one of ...
(Date:5/27/2016)... ... May 27, 2016 , ... In response to ... who are unaware of the plight of aphasia. In collaboration with the American ... Awareness” campaign. , The link between stroke and aphasia is relatively unknown, but ...
(Date:5/27/2016)... (PRWEB) , ... May 27, 2016 , ... ... in scholarships to students studying complementary medicine. Allison Outerbridge is this year’s ... her award on May 18 at the university’s Student Leadership Awards ceremony. , ...
(Date:5/26/2016)... ... May 26, 2016 , ... W.S. Badger Co. Inc ... honored with a 2016 When Work Works Award for its use of effective workplace ... national When Work Works project administered by the Families and Work Institute (FWI) and ...
Breaking Medicine News(10 mins):