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Zogenix Secures $35 Million Debt Facility and Raises $15 Million Investment Capital
Date:7/13/2010

is leading their FDA-approved product to commercial success."

"The financing we are providing Zogenix will offer the flexibility the company needs to continue to meet its strategic objectives," said Michael White, senior relationship manager, Life Sciences, from Silicon Valley Bank in San Diego. "We are pleased to help Zogenix and many other life science companies in the San Diego market meet their goals."

About Zogenix

Zogenix, Inc., with offices in Emeryville and San Diego, Calif., is a privately held pharmaceutical company focused on the development and commercialization of medicines to treat neuroscience disorders and pain. The company is commercially focused on SUMAVEL™ DosePro™ (sumatriptan injection) needle-free delivery system, which launched in January 2010, for the acute treatment of migraine and cluster headache. The company's pipeline includes ZX002, a novel oral controlled-release formulation of hydrocodone without acetaminophen for the treatment of chronic pain, which entered Phase 3 clinical trials in March 2010.  Zogenix also plans to license the patented DosePro needle-free drug delivery system to other companies. For additional information, please visit www.zogenix.com.

About Oxford Finance Corporation

A subsidiary of Sumitomo Corporation, Oxford is a specialty finance firm providing senior secured loans to public and private life
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SOURCE Zogenix, Inc.
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