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:10/5/2017)... Oct. 5, 2017  In response to the ... and Maxillofacial Surgeons (AAOMS) released prescribing recommendations that ... be used as a first-line therapy to manage ... Recognizing the value and ... Paper "Opioid Prescribing: Acute and Postoperative Pain Management" ...
(Date:10/4/2017)... Mass. , Oct. 4, 2017 ... of single-use, self-contained, illuminating medical devices, today announced ... National Health Surveillance Agency (or Agência Nacional de ... The first single-use, cordless surgical retractor with integrated ... provides optimal access, illumination and exposure of a ...
(Date:10/2/2017)... Fla. , Oct. 2, 2017  AllianceRx Walgreens ... company formed by Walgreens and pharmacy benefit manager Prime ... its new brand, which included the unveiling of new ... , as well as at a few other ... the new brand to patients, some of whom will ...
Breaking Medicine Technology:
(Date:10/13/2017)... ... 13, 2017 , ... The Visiting Nurse Association (VNA) of Somerset Hills is ... vendors and unique items from across the nation, this holiday-themed event will raise funds ... by the VNA. The boutique will be open Saturday, November 4 (10:00 a.m. ...
(Date:10/13/2017)... ... October 13, 2017 , ... ... viewers the lowdown on sciatica in a new episode of "Success Files," which ... current events and innovation and investigates each subject in-depth with passion and integrity. ...
(Date:10/12/2017)... ... October 12, 2017 , ... First ... compliance program management, will showcase a range of technology and learning solutions at ... (NCAL) Convention and Expo to be held October 14–18, 2017 at the Mandalay ...
(Date:10/12/2017)... CITY, Fla. (PRWEB) , ... October 12, 2017 , ... ... cold therapy products, announced today the introduction of an innovative new design of the ... multipurpose pad so you get maximum comfort while controlling your pain while using cold ...
(Date:10/12/2017)... ... October 12, 2017 , ... Dr. Parsa ... contributed a medical article to the newly revamped Cosmetic Town journal ... the hair transplant procedure known as Follicular Unit Extraction (FUE). , ...
Breaking Medicine News(10 mins):