Navigation Links
Celsion Corporation Announces Strategic Loan Facility
Date:11/26/2013

name">Bryan Jadot, Managing Director at Hercules, said: "We are pleased that Celsion has selected Hercules as its financial partner for this $20 million loan facility.  We have confidence in the Company's business strategy and look forward to seeing them reach critical milestones in their development, including the future clinical development plans for ThermoDox® and strategic initiative to broaden its product pipeline."

The funding is in the form of secured indebtedness bearing interest at a calculated prime-based variable rate.  Payments under the loan agreement are interest only for the first twelve months after loan closing, followed by a 30-month amortization period of principal and interest through the scheduled maturity date.  In conjunction with the loan agreement, Celsion issued Hercules warrants exercisable for Common Stock with 50% of the warrants issued at the loan closing and the remaining 50% issued upon Hercules funding any subsequent tranches.

About Celsion Corporation

Celsion is dedicated to the development and commercialization of innovative cancer drugs, including tumor-targeting treatments using focused heat energy in combination with heat-activated liposomal drug technology.  Celsion has research, license or commercialization agreements with leading institutions, including the National Institutes of Health, Duke University Medical Center, University of Hong Kong, the University of Pisa, the UCLA Department of Medicine, the Kyungpook National University Hospital, the Beijing Cancer Hospital and the University of Oxford.  For more information on Celsion, visit our website: http://www.celsion.com.

About Hercules Technology Growth Capital, Inc.

Hercules Technology Growth Capital, Inc. (NYSE: HTGC) is the leading specialty finance co
'/>"/>

SOURCE Celsion Corporation
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine technology :

1. Celsion Corporation Reports Third Quarter 2013 Financial Results and Provides Business Update
2. Celsion Corporation to Hold Third Quarter 2013 Financial Results Conference Call on Tuesday, November 12, 2013
3. Celsion Corporation Announces Combined Clinical Data from Two Phase I Trials to be Presented at the 2013 San Antonio Breast Cancer Conference
4. Celsion Corporation Reports Second Quarter 2013 Financial Results and Provides HEAT Study Update
5. Celsion Corporation to Hold Second Quarter 2013 Financial Results Conference Call on Thursday, August 8, 2013
6. Celsion Corporation Issues Statement Regarding Misleading Blog Entry
7. Celsion Corporation Reports Year End 2012 Financial Results and Provides Business Update
8. Celsion Corporation to Hold Year-End 2012 Financial Results Conference Call On Monday, March 18, 2013
9. Evergreen Medical Technologies and Bose Corporation partner in the testing and development of test equipment for medical devices
10. Gentris Corporation Opens New Genomic Biomarker Laboratory in China
11. Collaborative Medical Technology Corporation Secures Investments from Two Prominent Medical Specialists
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/22/2014)... 2014 Levi & Korsinsky is investigating the ... Company") (NasdaqGS: SIAL ) for possible breaches ... in connection with the sale of the Company to ... learn more about the investigation: http://zlkdocs.com/SIAL-Info-Request-Form_ma-2199 , or ... you. Under the terms of the transaction, ...
(Date:9/22/2014)... , Sept. 22, 2014 ... the U.S. commercial launch of its foot plating system ... Paragon 28.  The GORILLA TM R3CON PLATING SYSTEM ... the Monster TM & Mini-Monster TM Screw ... Comprised of 10 interchangeable subsystems, the GORILLA TM ...
(Date:9/22/2014)... VIEJO, Calif. , Sept. 22, 2014 ... announced that it is offering to sell $200 million ... J.P. Morgan, Deutsche Bank Securities and BofA Merrill Lynch ... Avanir intends to grant the underwriters a 30-day option to ... the shares to be sold in the offering are ...
Breaking Medicine Technology:SIGMA-ALDRICH INVESTOR ALERT: Levi & Korsinsky, LLP Investigates the Board of Directors of Sigma-Aldrich Corporation In Connection with the Sale of the Company to Merck -- SIAL 2Paragon 28, Inc. Launches the GORILLA(TM) R3CON PLATING SYSTEM 2Avanir Pharmaceuticals Announces Proposed Public Offering of Common Stock 2Avanir Pharmaceuticals Announces Proposed Public Offering of Common Stock 3
... Morgan honored with The TIME Award for ... National Council for Prescription Drug Programs (NCPDP), a not-for-profit ... services industry, awarded Kay Morgan, Senior Vice President of Drug ... / Gold Standard , with its highest honor, The TIME ...
... 17, 2012 SurgLine International, Inc. (SGLN.PK) ... stated that the Company has acquired Eden Surgical Technologies, ... a distributor of trauma products with extensive products focused ... pleased to announce today that we have acquired Eden ...
Cached Medicine Technology:Elsevier / Gold Standard's Kay Morgan Awarded NCPCP Highest Honor 2Elsevier / Gold Standard's Kay Morgan Awarded NCPCP Highest Honor 3SurgLine International, Inc. to Expand its Trauma Product Line With Completion of Acquisition 2
(Date:9/22/2014)... Oregon (PRWEB) September 22, 2014 During ... key leaders from the Oregon long-term care and senior ... the extra mile for the well-being of others. ... for Avamere Health Services, will be awarded the OHCA ... by OHCA staff to members who assist OHCA in ...
(Date:9/22/2014)... Airbus Helicopters Inc. (AHI) honored leaders of ... to improve safety and quality of service. The annual ... the Year award, both sponsored by AHI, were presented ... Community Awards. , PHI Air Medical President ... Safety Award, given annually to an individual who has ...
(Date:9/22/2014)... York, NY (PRWEB) September 22, 2014 On ... Radio Network launched their first evening show, “KC After Dark.” ... Marcus Edwards, “KC After Dark” will air every Tuesday at ... a free iPad for the 50th caller, and because of ... well past the call in mark with 500 callers. ...
(Date:9/22/2014)... Fremont, CA (PRWEB) September 22, 2014 ... state-of-the-art treatment for patients who require orthodontic work. Six-Month ... beautiful smile they deserve in a fast and effective ... work to be extremely daunting. Having to wear metal ... avoid certain foods and spend time keeping the braces ...
(Date:9/22/2014)... 2014 On Saturday, September 27, UHY LLP ... local nonprofit that is doing an amazing job helping kids ... employees, their families and friends will be spending the day ... cement games and graphics, as well as clean the playground ... scheduled to occur in May but due to weather conditions ...
Breaking Medicine News(10 mins):Health News:Avamere Family of Companies Regional Director Nominated for the Oregon Health Care Association 2014 Special Service Award 2Health News:Airbus Helicopters Inc. Honors Leaders in Air Medical Industry 2Health News:Airbus Helicopters Inc. Honors Leaders in Air Medical Industry 3Health News:The Women’s Radio Network, WRNW1’s First Evening Show a Huge Success 2Health News:Starbrite Dental Introduces Six-Month Smiles 2Health News:Local CPA Firm Gears Up To Revamp Detroit Elementary School Playground 2Health News:Local CPA Firm Gears Up To Revamp Detroit Elementary School Playground 3
... , DOYLESTOWN, Pa., Dec. 7 ... the speakers at the Galen Institute,s "The Value of Innovation ... Wednesday, December 9th in Washington DC at the Columbus Club ... public policy research organization focusing on health and tax policy. ...
... MIAMI, Dec. 7 A couple years ago, lead paint ... gifts made in the USA. This fall, news of Baby ... Renowned parenting expert Dr. Jeffrey Fine, Ph.D., says that such ... and shortening attention spans. Moreover, there is an increased sense ...
... ... first, social networking community developed by, and dedicated to, persons with illnesses and disabilities ... like minds, circumstances and situations while maintaining as much, or as little privacy as ... Milwaukee, ...
... 7 The National Health Service (NHS), which manages 500 ... the value of an engaged staff: healthier and happier patients. ... of care, many NHS hospitals are teaming up with international ... leaders. , "Staff engagement is essential to meeting the financial ...
... , , ... Factory, ( www.cubiclecurtainfactory.com ), has retained TransMedia Group to ... decades, the Simply 66 Snap System, which is already ... ( www.transmediagroup.com ) was selected as Agency of Record to ...
... , , BOCA RATON, ... the market leader in all-natural herbal and homeopathic remedies for ... as their PR firm of record. The company,s two brands, ... provide complete lines of safe, scientifically-tested, guaranteed products that promote ...
Cached Medicine News:Health News:Prescient Medical, Inc. CEO Patricia Scheller to Speak at 'The Value of Innovation in Health Care,' a Galen Institute Conference 2Health News:Top 10 Toys That Will Scar Your Child for Life 2Health News:Social Networking Community Reaches Out to Persons With Illnesses and Disabilities 2Health News:Social Networking Community Reaches Out to Persons With Illnesses and Disabilities 3Health News:Social Networking Community Reaches Out to Persons With Illnesses and Disabilities 4Health News:The NHS to Improve Patient Care by Better Engaging Staff 2Health News:Cubicle Curtain Factory Retains TransMedia Group to Promote First Privacy Curtain to Reduce Hospital Maintenance Cost 2Health News:Native Remedies and PetAlive.com Hires TransMedia Group to Herald Herbal for People and Pets 2
... The Eppendorf Reference Series 2000 Pipette is ... stroke, a compact and robust design, and ... is used to operate the measuring stroke ... tip. Product features:Eppendorf "pipette/tip" system ensures utmost ...
Inquire...
... Hamilton is precision, ergonomics, and ... hand fatigue with soft non-slip, contoured ... with smooth, light plunger spring action ... and sterilization without the need for ...
... The Eppendorf Reference Series 2000 Pipette is ... stroke, a compact and robust design, and ... is used to operate the measuring stroke ... tip. Product features:Eppendorf "pipette/tip" system ensures utmost ...
Medicine Products: