Navigation Links
NeurogesX, Inc. Secures $20 Million Debt Facility
Date:8/8/2011

SAN MATEO, Calif., Aug. 8, 2011 /PRNewswire/ -- NeurogesX, Inc. (Nasdaq: NGSX), a biopharmaceutical company focused on developing novel pain management therapies, today announced that it has entered into a $20 million loan agreement with Hercules Technology Growth Capital, Inc. (Nasdaq: HTGC).  The loan agreement includes both a $5 million accounts receivable line of credit and a $15 million term loan.

Proceeds are expected to be used to further support commercialization activities for Qutenza® (capsaicin) 8% patch, the clinical development of the Company's lead product candidate, NGX-1998, a non-patch topically applied liquid formulation of high-concentration capsaicin, as well as general corporate purposes.

Stephen Ghiglieri, Executive Vice President, COO and CFO, commented, "This debt facility is a key ingredient in our overall strategy to provide sufficient capital to advance the commercial efforts with Qutenza and the development of our NGX-1998 topical liquid formulation product candidate.  We believe that this facility, together with the $20 million equity private placement completed on July 26, 2011, gives us the necessary cash to take us into 2013 and enables us to pursue strategic activities that could further support the advancement of Qutenza and NGX-1998."

About NeurogesX, Inc.NeurogesX, Inc. (Nasdaq: NGSX) is a San Francisco Bay Area-based biopharmaceutical company focused on developing and commercializing novel pain management therapies. NeurogesX was founded on the concept that use of prescription-strength capsaicin could help manage the pain associated with neuropathic pain conditions. Since its inception, NeurogesX has leveraged its passion to help people with pain to efficiently develop this concept, resulting in the commercial launch of Qutenza
'/>"/>

SOURCE NeurogesX, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine technology :

1. Bacterin Secures $15 Million Credit Facility with MidCap Financial and Silicon Valley Bank
2. SurgiQuest, Inc. Secures $19 Million to Fund Commercialization and Launch the Next Generation Access Technology Cited by Surgeons as The Future of Minimally Invasive Surgery
3. Digital Assent Secures $7.5 Million Series B Funding
4. Precyse Secures Healthcare IT Executive Chris Powell as New President
5. Ethicon, Inc. Announces Availability of ETHICON SECURESTRAP™ 5mm Absorbable Strap Fixation Device
6. Theramed Secures Exclusive Canadian Distribution Rights for Two Novel Obstetrics Products from Glenveigh
7. KellBenx Secures Exclusive Worldwide License With AdnaGen for Commercializing Patented Antibodies
8. MonoSol Rx Secures 505(b)(2) Regulatory Pathway for Montelukast Sodium Oral Soluble Film
9. Core Essence Secures $11.5 Million Series B Financing
10. CardioFocus Secures $5M Credit Facility with Silicon Valley Bank
11. Vystar® Corporation Secures a $3M Credit Facility to Fund Growth
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/2/2015)... Chine, 3 juillet 2015 BGI a annoncé ... débit de l,ADN situé à Hong ... l,American College of Pathologists  (Collège des pathologistes américains, ... Hong Kong constituent le premier ... recevoir la certification du CAP en Chine, car ...
(Date:7/2/2015)... , July 2, 2015  Fort Lauderdale-based ... pleased to announce that its Consumer Group completed ... to Kerry Group plc (ISE: KRZ) ("Kerry"), one ... and nutrition systems, as well as functional ingredients ... pharmaceutical markets. Farlie Turner served as the exclusive ...
(Date:7/2/2015)... , June 26, 2015 Research ... "Vitamin D Market by Analog, Application, End-User & by ... to their offering. This market is projected to ... vitamin D in different applications and rising opportunities in countries ... , Italy , and ...
Breaking Medicine Technology:BGI obtient la certification du Collège des pathologistes américains (CAP) 2Farlie Turner's Consumer Group Completes Sale of Insight Beverages to Kerry 2Vitamin D Market by Analog, Application, End-User & by Region - Global Trends & Forecast to 2020: Increasing Recommendation By Doctors & Associations 2Vitamin D Market by Analog, Application, End-User & by Region - Global Trends & Forecast to 2020: Increasing Recommendation By Doctors & Associations 3
... Commence -, CARLSBAD, Calif., Oct. 1 ... on the discovery and,development of small-molecule therapeutics for ... today announced that the U.S.,Food and Drug Administration ... (IND) application for RDEA119, enabling initiation,of a Phase ...
... ... 46(3):413-20. Application of Endograft to Treat, Thoracic Aortic Pathologies: A Single Center Experience. ... ... EB., PHOENIX, Sept. 28 The Arizona Heart Institute announced,today that ...
Cached Medicine Technology:Ardea Biosciences' Lead MEK Inhibitor, RDEA119, to Enter Human Clinical Trials in Advanced Cancer Patients 2Ardea Biosciences' Lead MEK Inhibitor, RDEA119, to Enter Human Clinical Trials in Advanced Cancer Patients 3Video: The Arizona Heart Institute Announces the Largest Worldwide Experience with Endoluminal Grafting to Treat Thoracic Aortic Aneurysms and Related Pathologies 2Video: The Arizona Heart Institute Announces the Largest Worldwide Experience with Endoluminal Grafting to Treat Thoracic Aortic Aneurysms and Related Pathologies 3Video: The Arizona Heart Institute Announces the Largest Worldwide Experience with Endoluminal Grafting to Treat Thoracic Aortic Aneurysms and Related Pathologies 4Video: The Arizona Heart Institute Announces the Largest Worldwide Experience with Endoluminal Grafting to Treat Thoracic Aortic Aneurysms and Related Pathologies 5Video: The Arizona Heart Institute Announces the Largest Worldwide Experience with Endoluminal Grafting to Treat Thoracic Aortic Aneurysms and Related Pathologies 6
(Date:7/3/2015)... ... July 03, 2015 , ... Talcum powder attorneys representing clients ... existing Talcum Powder Cancer Lawsuit Center website. Just as the previous version did, the ... , offering timely lawsuit updates and ovarian cancer warning information. The site is routinely ...
(Date:7/3/2015)... ... July 03, 2015 , ... " Selfie on a Stick ” ... latest and coolest technology products available to consumers. Amanda Forstrom, a technology expert and ... sticks are great for documenting memories. , Almost every smartphone has an incredibly powerful ...
(Date:7/3/2015)... , ... July 03, 2015 , ... The Celebrity Dresses ... cocktail dresses similar to those of celebrities will have the opportunity to get 10% ... checkout. This ensures that people do not have to use coupon codes or remember ...
(Date:7/2/2015)... ... July 02, 2015 , ... sweetFrog Enterprises, LLC. is pleased to announce ... 19th sweetFrog store located in the Lone Star State. The premium frozen yogurt chain ... 2014. , The store, which opened July 1 at Duke’s Travel Plaza, is located ...
(Date:7/2/2015)... ... July 02, 2015 , ... ... structure retrofit project at the University of Minnesota, they knew it would save ... would also be an award-winning choice: the total energy savings after installation was ...
Breaking Medicine News(10 mins):Health News:Talcum Powder Lawsuit News: Cancer Attorneys Launch Updated Mobile Site 2Health News:Talcum Powder Lawsuit News: Cancer Attorneys Launch Updated Mobile Site 3Health News:Learn How to Take Selfies like Kendall Jenner 2Health News:Celebrity Fashion Summer Party Dresses on sale at TheCelebrityDresses.com 2Health News:sweetFrog Expands Texas Footprint with Location in Canton 2Health News:Kenall’s TekDek™ Helps University Achieve Award-Winning Energy Savings in Parking Structure Lighting Retrofit 2
... Well Woman Centre of Ireland has warned that outsourcing ... some patients. It could also lead to lead to inconsistencies ... ,The Well Woman Centre has criticized the Health ... US, as it could have serious ramifications for women with ...
... PET-CT scanners with standard commercial software designed to provide ... disease in as many as 40 percent of patients ... professor in the Division of Cardiology at The University ... the abnormalities upon his initial use of cardiac PET-CT ...
... the development and commercialization of proprietary pharmaceuticals for ... , today announced that under the Special Protocol ... the United States Food and Drug Administration (FDA) ... for crofelemer for the treatment of chronic diarrhea ...
... the rage today in advanced countries. But consumers seeking ... questions before they decide to go in for ... functional foods market is a $40 billion industry. ... lower bad cholesterol (LDL). ,* Probiotic yoghurts ...
... the University of Southern California have applied a nanoscale ... up an old puzzle of the global carbon and ... advanced online publication of The ISME Journal. ... nanometer-scale, secondary ion mass spectrometry) located at Lawrence Livermore ...
... get hookah smoking exempted from Englands smoking ban for ... health effects , doctors writing in this weeks BMJ ... ,A hookah is a glass based waterpipe used for ... smoking herbal fruits after meals, but it is becoming ...
Cached Medicine News:Health News:Irish Outsourcing of Smear Test may Result in Cervical Cancer Being Undetected 2Health News:Inaccuracies in Cardiac PET-CT Scanning 2Health News:Inaccuracies in Cardiac PET-CT Scanning 3Health News:Napo Obtains Special Protocol Assessment Agreement From FDA for Crofelemer 2Health News:Functional Food What is That, Ask First 2Health News:Functional Food What is That, Ask First 3Health News:Nanospectrometer Aids in Identifying Nutrient Cycle 2Health News:Ban on Hookah Smoking Should Stay, Argue Doctors 2
Anatomic implant shape and easy-to use instrumentation promote implant alignment, stability, and restored joint kinematics....
The NeurOptics Pupillometer is a portable instrument used to measure pupils to screen candidates for refractive procedures and other ophthalmic applications....
... Engineered to closely match the ... Low-profile anatomical design. Titanium construction incorporates ... locking snap-fit screw design prevents screws ... limits the need for X-ray control ...
... 24-Hour Holter, Event, and Pacemaker Monitoring. ... laboratory located in Billerica, MA. The ... to assist physicians in the assessment ... The diagnostic services are offered nationwide ...
Medicine Products: