Navigation Links
Oxford Finance and Silicon Valley Bank Provide $15 Million Senior Credit Facility to Vitae Pharmaceuticals
Date:1/19/2012

ALEXANDRIA, Va., Jan. 18, 2012 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced a $15 million round of debt financing for Vitae Pharmaceuticals ("Vitae").  The senior credit facility was awarded to Vitae from both Oxford and Silicon Valley Bank.  The funds will be used to support the progress of Vitae's drug pipeline, which includes treatments for chronic kidney disease, diabetes, Alzheimer's disease and atherosclerosis.

"Oxford is pleased to provide funds to support Vitae's drug development programs," said Christopher A. Herr, managing director for Oxford Finance. "The company has a very promising portfolio of novel, small molecule, best-in-class compounds, and has a track record of successfully partnering with major pharmaceutical companies to further the progress of its clinical stage assets."

"Silicon Valley Bank is proud to partner with Vitae as they continue to move forward with their drug development programs," said Tom Gordon, Senior Vice President for Silicon Valley Bank.  "Vitae has an exceptional management team with a solid record of success."

Vitae Chief Financial Officer, Tina Fiumenero said, "We are pleased to be working with Oxford and Silicon Valley Bank again.  Their continued support of our programs is greatly appreciated.  The funds provided by this round of debt financing further strengthens Vitae's financial position and provides additional financial flexibility for the Company."

About Oxford Finance LLC
Oxford Finance is a specialty finance firm providing senior secured loans to public and private life sciences and healthcare services companies worldwide. For over 20 years, Oxford has delivered flexible financing solutions to its clients, enabling these companies to maximize their equity by leveraging their assets. In recent years, Oxford has originated over
'/>"/>

SOURCE Oxford Finance
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Oxford BioTherapeutics and GlaxoSmithKline Form Strategic Alliance to Develop Novel Cancer Therapeutic Antibodies
2. Oxford Finance Corporation Closes $25 Million Credit Facility with EUSA Pharma
3. Oxford Finance Corporation Facilitates Entry for Reata Pharmaceuticals into Asian Markets
4. Oxford Finance Corporation and United Orthopedic Group, Inc. Close $20 Million Credit Facility
5. Oxford Finance Corporation Leads $30 Million Secured Loan Facility for Cadence Pharmaceuticals
6. Oxford Finance Corporation Hires Debbie Baker to Support Life Science Business Development in Western North America
7. Intuity Medical Secures $20M Credit Facility From Silicon Valley Bank and Oxford Finance Corporation
8. ICAP Ocean Tomo Announces Four Patent Sets From Oxford Instruments - Each Represents an Important Advancement in Technology
9. Oxford BioTherapeutics Licenses BioWas POTELLIGENT® Technology for the Research and Development of its Therapeutic Antibodies in Cancer
10. Oxford Finance Corporation Provides a $2 Million Equipment Facility to Synta Pharmaceuticals Corp.
11. Oxford BioMedica Announces Ocular Programme Update
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/23/2015)... CAPE TOWN, South Africa , Jan. 23, 2015 ... and distributor of personal protective equipment for all forms ... include the flagship Leatt-Brace® neck brace, announced today that ... minicross racing federation, now requires all riders to wear ...
(Date:1/23/2015)... , Jan. 23, 2015 Gem Pharmaceuticals announced today ... been enrolled into the Company,s Phase 2 clinical trial. ... of Gem,s lead compound, GPX-150 (an investigational medication), in ... metastatic disease. Logo - http://photos.prnewswire.com/prnh/20150123/170966LOGO ...
(Date:1/22/2015)... , Jan. 22, 2015  ViewRay™, a privately held ... into an exclusive distributor agreement with ITOCHU Corporation (Tokyo ... therapy system for the treatment of cancer in ... system, is the world,s first and only MRI-guided radiation ...
Breaking Medicine Technology:Leatt Announces Neck Braces Now Required For Motocross/Minicross Racing In Italy 2Leatt Announces Neck Braces Now Required For Motocross/Minicross Racing In Italy 3Gem Pharmaceuticals Announces Enrollment of Initial Patients in its Phase 2 Clinical Trial to Assess the Efficacy and Safety of GPX-150 in Sarcoma Patients 2ITOCHU Named the Exclusive Distributor for ViewRay's MRI-Guided Radiation Therapy System in Japan 2
... Aethlon Medical, Inc. (OTC Bulletin Board: AEMD) disclosed ... Hepatitis-C (HCV) infected patients with the Aethlon Hemopurifier® will ... Exposition of the American Society of Nephrology (ASN). Dr. ... Director of Nephrology at the Fortis Hospital in New ...
... , MARIETTA, Ga., Oct. 15 Solvay Pharmaceuticals, Inc. ... Delayed-Release Capsules significantly improves a key measure of fat ... pancreatic insufficiency (EPI) due to cystic fibrosis (CF). EPI ... production and/or secretion of pancreatic enzymes that are necessary ...
Cached Medicine Technology:Aethlon Medical Announces Presentation of Hepatitis-C (HCV) Clinical Data at 42nd Annual American Society of Nephrology (ASN) Conference 2Aethlon Medical Announces Presentation of Hepatitis-C (HCV) Clinical Data at 42nd Annual American Society of Nephrology (ASN) Conference 3CREON(R) (pancrelipase) Delayed-Release Capsules Improves Absorption of Fat in Young Children With Cystic Fibrosis 2CREON(R) (pancrelipase) Delayed-Release Capsules Improves Absorption of Fat in Young Children With Cystic Fibrosis 3CREON(R) (pancrelipase) Delayed-Release Capsules Improves Absorption of Fat in Young Children With Cystic Fibrosis 4CREON(R) (pancrelipase) Delayed-Release Capsules Improves Absorption of Fat in Young Children With Cystic Fibrosis 5CREON(R) (pancrelipase) Delayed-Release Capsules Improves Absorption of Fat in Young Children With Cystic Fibrosis 6
(Date:1/23/2015)... Hastings and Hastings, a law firm in Arizona that focuses ... representation client review requests for slip and fall accidents in ... the number of slip and fall related accidents that happen ... that said, a large number of injury victims are requesting ... Hastings and Hastings is a personal injury firm in Arizona ...
(Date:1/22/2015)... LunaDress, with its top dressmaking technologies, has ... the business is showing its latest designs of wedding dresses ... to the company’s CEO, all the fresh new products are ... discounts, up to 80% off. All the clothes from LunaDress ...
(Date:1/22/2015)... Padre Murphy's and Owner Tom Boyle in Glendale, AZ ... Alliance (PPHA). The PPHA's passion for others' well-being and ... greats, treated for obstructive sleep apnea (OSA) has propelled them ... in the valley. The most recent plans for an event ...
(Date:1/22/2015)... Blue Cross and Blue Shield of Minnesota (Blue ... means to “Live Fearless.” , The “Faces of ... stories about how they or someone they know has faced ... in the moment. By telling these types of stories through ...
(Date:1/22/2015)... A new white paper by The Beryl ... the long-term care environment as well as provides recommendations ... paper, “The Power of Person-Centeredness in Long-Term Care: A ... the patient, resident and family experience in long-term care ...
Breaking Medicine News(10 mins):Health News:Hastings and Hastings Reports a Record Number of Client Review Requests for Slip and Fall Accidents in 2014 2Health News:LunaDress Shows The Latest Styles Of Wedding Dresses In 2015 2Health News:Padre Murphy's Holds NFL Retired Players Association Party Star Studded Event With Bud Light and Pro Player Health Alliance Sponsoring 2Health News:Padre Murphy's Holds NFL Retired Players Association Party Star Studded Event With Bud Light and Pro Player Health Alliance Sponsoring 3Health News:Blue Cross and Blue Shield of Minnesota to Showcase “Faces of Fearless” 2Health News:The Power of Person-Centeredness in Long-Term Care Explored by The Beryl Institute 2Health News:The Power of Person-Centeredness in Long-Term Care Explored by The Beryl Institute 3
... law, pledges to, fight for consumers, rights ... ... SEATTLE, March 3 RealSelf.com today filed an ... Trademark,Infringement Complaint, denying Lifestyle Lift,s claims and also responding,with ...
... Wash. and LOS ANGELES, March 3 For the ... inc.,(Nasdaq: DSCM ), has enlisted Los Angeles-based women,s ... doubles as a cosmetic case or,fashionable clutch. Customers receive ... product samples from today,s top prestige beauty,brands with a ...
... Using a new tool designed to measure a womans ... the sexual transmission of HIV), researchers at The Miriam Hospital ... methods in the past, and those with casual sexual partners ... peers. , Although a safe and effective microbicide has ...
... Featuring Emmy award-winning composer, Yale professor and African,women,s ... Malkin, Emmy,award-winning composer, together with poet Kim Rosen, ... Conference in Pittsburgh at,the Westin Convention Center on ... health will be the conference focus. "Spiritual healing ...
... video and information sharing ... ... release of the next phase on Beta site icyou ( http://www.icyou.com ... health video community provides the ability to post and,search healthcare videos, ...
... long agreed that girls have superior language abilities than boys, ... that may account for their differences. , For the ... Northwestern University and the University of Haifa show both that ... girls than in boys during language tasks, and that boys ...
Cached Medicine News:Health News:RealSelf.com Denies Lifestyle Lift's Trademark Claims and Files Countersuit 2Health News:Beauty.com Partners With Fashion Designer Jenni Kayne 2Health News:Beauty.com Partners With Fashion Designer Jenni Kayne 3Health News:Beauty.com Partners With Fashion Designer Jenni Kayne 4Health News:Researchers develop new tool to predict who will use microbicides 2Health News:Researchers develop new tool to predict who will use microbicides 3Health News:Spiritual Health Experts Speak at Chaplains Conference in Pittsburgh March 8-12 2Health News:Benefitfocus(R) Healthcare Video Portal Merges Community with Credibility 2Health News:Gender differences in language appear biological 2Health News:Gender differences in language appear biological 3
... biocompatible, flexible, one-piece artificial cornea (keratoprosthesis) designed ... cornea., ,The World Health Organisation (WHO) reports ... million people worldwide, however only 100,000 people ... is due to a combination of inadequate ...
A comprehensive CPT surgical, radiological and anesthesia coding reference....
PDA-version of the leading portable drug reference....
PDA format of the well-known standard antimicrobial reference....
Medicine Products: