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InNexus Biotechnology Announces a Loan Facility of up to USD$2.5 Million
BRITISH COLUMBIA, Canada, March 25 /PRNewswire-FirstCall/ -- InNexus Biotechnology Inc., (OTC Bulletin Board: IXSBF; TSX VENTURE: IXS; http://www.ixsbio.com ), a drug development company commercializing the next generation of monoclonal antibodies based on its Dynamic Cross Linking (DXL) technolo...Angiotech Pharmaceuticals, Inc. announces new Senior Secured Term Loan and Credit Facilities
VANCOUVER, March 2 /PRNewswire-FirstCall/ - Angiotech Pharmaceuticals, Inc. (NASDAQ: ANPI , TSX: ANP) today announced it has obtained a new Senior Secured Term Loan and Revolving Credit Facility. Wells Fargo Foothill, LLC is the sole arranger, administrative agent and lender for both the Term Lo...China Biologic Products Enters into Short-Term Loan Agreement
TAI'AN CITY, China, Jan. 13 /PRNewswire-Asia-FirstCall/ -- China Biologic Products, Inc. (OTC Bulletin Board: CBPO) ("China Biologic" or the "Company"), one of the leading plasma-based pharmaceutical companies in the People's Republic of China ("PRC"), today announced that Shandong Taibang Bio...Peregrine Pharmaceuticals Enters Into a Loan Agreement for up to $10 Million
TUSTIN, Calif., Dec. 10 /PRNewswire-FirstCall/ -- Peregrine Pharmaceuticals, Inc. (Nasdaq: PPHM ) today announced that it has entered into a loan agreement for up to $10 million in proceeds. The initial funding of $5 million is expected to close within the next 10 days. The loan agreement incl...AVAX Technologies, Inc. Announces Closing of Bridge Loan Financing
PHILADELPHIA, Oct. 30 /PRNewswire-FirstCall/ -- AVAX Technologies, Inc. (OTC Bulletin Board: AVXT) (the "Company") today announced that on October 24, 2008, it closed a bridge loan financing pursuant to a Convertible Note and Warrant Purchase Agreement, as amended by the Amendment to Convertib...Oxford Finance Corporation and ATEL Ventures, Inc. Provide $7.5 Million Venture Loan to AxoGen, Inc.
ALEXANDRIA. Va., June 3 /PRNewswire/ -- Oxford Finance Corporation and ATEL Ventures, Inc., today announced they have provided a $7.5 million senior secured loan to AxoGen, a privately held, venture-backed life science company. AxoGen is a leader in the advancement of peripheral nerve repair...Oxford Finance Corporation and Comerica Bank Provide $15 Million Loan Facility to VisualSonics Inc.
ALEXANDRIA, Va., April 29 /PRNewswire/ -- Oxford Finance Corporation, the principal lender, and Comerica Bank, today announced they have finalized a $15 million senior secured loan agreement with VisualSonics Inc. Both financial institutions are established providers of senior debt to the life...Chromos enters into loan and lending arrangements
BURNABY, BC, March 20 /PRNewswire-FirstCall/ - Chromos Molecular Systems Inc. ("Chromos") (TSX:CHR) announced today that the Company entered into a secured, convertible debenture agreement to borrow $400,000. The proceeds of the loan are to be used to fund expenses associated with the preparat...BioSpecifics Technologies Corp. Announces Repayment of Outstanding Loan
LYNBROOK, N.Y., Feb. 5 /PRNewswire-FirstCall/ -- BioSpecifics Technologies Corp. (OTC Bulletin Board: BSTC) announced today that it has received full repayment of the loan owed to it by its former CEO, Edwin H. Wegman, who passed away in February, 2007. The Estate of Edwin H. Wegman repaid the...Boston Scientific Amends Credit Facility and Prepays $1 Billion on Loan
NATICK, Mass., Aug. 23 /PRNewswire-FirstCall/ -- Boston Scientific Corporation (NYSE: BSX ) today announced that it has successfully amended its $2 billion revolving line of credit and $5 billion term loan agreement, providing the Company additional financial flexibility as it implements init...Eau Claire Pulls Together, Forms Million-Dollar Technology Loan Program
Eau Claire, Wis. Technology entrepreneurs often experience a difficult time in securing conventional loans in order to finance their companys growth. But, for high-technology firms in located in the Eau Claire region help is on the way as a result of some creative regional business collaboration. ...Fiserv plans single entry point for loan processing online
Brookfield, Wis. The information management firm Fiserv announced on Tuesday its plans to create a single point of contact for the delivery of services to Fiserv partners. Currently in development, the Electronic Partner Connection is expected for the first quarter of 2005. By creating a sin...EraGen gets $250,000 state loan to revamp manufacturing facility
Madison, Wis. The state is giving EraGen Biosciences Inc. a $250,000 Technology Development Loan to help it upgrade its manufacturing facility for cystic fibrosis tests. EraGen's $1 million improvement plan is expected to create about 75 jobs, according to a joint announcement by the firm a...GenTel receives $250,000 state loan
Madison, Wis. - Governor Jim Doyle announced that the Department of Commerce's Technology Venture Fund program, which provides low-interest loans as seed capital to Wisconsin high-tech companies of fewer than 100 employees, awarded a $250,000 loan to Madison-based GenTel BioSurfaces, Inc. , he...Visonex plans to expand with state grants, loan
Green Bay, Wis. Visonex will receive $109,000 in loans and grants from the Wisconsin Department of Commerce, the governor's office said. The company provides web-based disease management software for clinics. Visonex said in a release that it plans to hire nine people as part of its current...Perscitus Biosciences secures $250K Commerce loan
Madison, Wis. - Perscitus Biosciences, a Madison biotechnology company, has received a $250,000 loan from the Wisconsin Department of Commerce . Perscitus Biosciences was founded in 2006 to develop and commercialize two technologies based on reactive oxygen biochemistry. James Thomas, CEO an...SCOLR Pharma, Inc. Reports Second Quarter 2009 Financial Results
... 660,179 668,694 Current portion of term loan - 87,850 ... 284,530 310,010 Long-term portion of term loan - 23,269 ......idge financing facility. The senior secured bridge loan will provide $2.5 million to Haemacure in multiple draw-downs throughout 2009. The loan will be senior to all of Haemacure's existing and ... time to time, in multiple draw-downs, for a total loan amount of $3.5 million. The senior secured bridge...
BP and Verenium Announce Vercipia Biofuels to Advance the Commercialization of Cellulosic Ethanol
...f the joint venture company in February, Vercipia has applied for and been selected to move forward with due diligence on a Department of Energy (DOE) loan Guarantee for the Highlands project, which is now underway. In addition, the team has continued to advance development activity in Florida and on a s...VIA Pharmaceuticals Receives Anticipated Notice From NASDAQ
...our ability to borrow additional amounts under the loan from Bay City Capital, which is subject to the dis...ear term, including amounts necessary to repay the loan from Bay City Capital by the September 14, 2009 ma...r ability to comply with covenants included in the loan from Bay City Capital; our ability to mainta...China-Biotics, Inc. Reports Fourth Quarter and Full Year Fiscal 2009 Financial Results
... $(10,302,291) CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from issue of convertible note $-- $25,000,000 Repayment on loan from shareholders -- -- NET CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES $-- ...Verenium Completes Amendment to 8% Senior Convertible Notes
...enium. "This along with the recent news that our joint venture with our partner BP has been selected to enter into the due diligence phase of the DOE loan Guarantee Program, puts us in a much stronger position as we look toward securing the necessary financing required for our first commercial facility."...Isolagen, Inc. Announces Receipt of Interim Order from Bankruptcy Court Approving DIP Motion
... the Bankruptcy Court approved a motion for an interim order for debtor-in-possession financing with certain lenders (the "DIP Lenders") composed of a loan facility in an aggregate principal amount of up to $2,750,000 (subject to increase at the discretion of the DIP Lenders) (the "DIP Facility"), of whic...VIA Pharmaceuticals' DGAT1 Inhibitors Featured in American Diabetes Association Poster Presentation
...our ability to borrow additional amounts under the loan from Bay City Capital, which is subject... including amounts necessary to repay the loan from Bay City Capital by the September ...r ability to comply with covenants included in the loan from Bay City Capital; -- our a......tional five years. The senior secured bridge loan from Angiotech to Haemacure will provide US$2.5 million to Haemacure in multiple drawdowns. The loan will be senior to all of Haemacure's existing and ... time to time, in multiple draw-downs, for a total loan of US$3.5 million. The senior secured bridge...
Prospect Therapeutics, Inc.'s GCS-100 Inhibited Blood Vessel Formation in a Variety of Cancer Models
...nting and related matters, such as assignee for the benefit of creditors and liquidating agent for a corporation. He has been involved in a number of loan workouts and bankruptcy cases for thirty-five (35) years. His most recent Assignment for the Benefit of Creditors in the biotech field was Spherics, ......al Fund. The Michigan Pre-Seed Capital Fund Micro loan program was developed to support high-tech, high-g...arly $1 million is available through the new Micro loan program with loans available from $10,000 to $50,0...alify for the Michigan Pre-Seed Capital Fund Micro loan program the company must be in one of four identif...
In Eleventh-Hour Smear Attempt, Quigley Management Sacrifices Key Employee of its Pharma Division
...that provides, appropriately, for repayment of the loan and the payment of interest, and are secured by ot...e, any "inside information" in connection with the loan or otherwise. Mr. Karkus has stated: "I am ...ul. It is quite obvious that they knew about this loan before today, and for the Company to treat Richard...China Biologic Products Announces Strong First Quarter 2009 Results
... 7,720,550 -- Short term loan - holder of noncontrolling interest ...NG ACTIVITIES: Proceeds from short term bank loan 7,647,822 -- Payments on short term loan -- -698,850 N...Rodobo International, Inc. Reports Q2 and First Half of 2009
...ss -- 148,240 885,307 960,319 Other assets: loan to related parties 1,185,062 -- Interests receivable 13,964 -- D...Tiens Biotech Group (USA) Reports First Quarter Results
... 1,600,740 CASH FLOWS FROM INVESTING ACTIVITIES: Repayment of loan from related parties -- 1,403,831 Construction de...616,587) (3,164,495) CASH FLOWS FROM FINANCING ACTIVITIES: loan from related parties -- 3,489,184 In......our ability to borrow additional amounts under the loan from Bay City Capital, which is subject... including amounts necessary to repay the loan from Bay City Capital by the September ...r ability to comply with covenants included in the loan from Bay City Capital; -- our a...
...nting and related matters, such as assignee for the benefit of creditors and liquidating agent for a corporation. He has been involved in a number of loan workouts and bankruptcy cases for thirty-five (35) years. His most recent Assignment for the Benefit of Creditors in the biotech field was Spherics, ...
Nektar Therapeutics Reports First Quarter 2009 Financial Results
... 25,385 Cash flows used in financing activities: Proceeds from issuances of common stock 61 371 Payments of loan and capital lease obligations (302) (411) ...Solutia Reports First Quarter 2009 Results
... German subsidiary obtains $74 million term loan ST. LOUIS, May 6 /PRNewswire-FirstCall/ -- ...ion - $100 million New Term loan On May 5, 2009, a Solutia wholly owned German ...into a $74 million, two-year senior unsecured term loan facility. The proceeds were used to pay down amou...Pulse Systems Announces New $8.5 Million Credit Facility
... Fifth Third Bank. This new credit facility consists of a $7.0 million term loan and a $1.5 million revolving working capital line of credit. "Our abil...Herb Bellucci, President and CEO of Pulse Systems. Funds from the term loan will be used to pay off mezzanine debt incurred in the 2004 acquisition of ...SemBioSys Genetics Inc. obtains up to $1.5 million in funding from AVAC
... in the manufacture of high-value proteins and oils in plant seeds, today announced that it has reached an agreement with AVAC Ltd. for a $1.5 million loan for the development of its Apo AIMilano candidate. AVAC is a private, not-for-profit company that invests in research initiatives and early stage comm...Protein Sciences Announces Signing of a Forbearance Agreement With Emergent BioSolutions
...quartered in Rockville, MD, establishing the terms for the repayment of the loan that Emergent made to PSC in 2008, terminating the 2008 Asset Purchase Agre...eased to have an agreement in place with Emergent covering repayment of the loan and resolution of the litigation. The agreement provides for a reasonable ......st Quarter Highlights New Senior Secured Term loan and Credit Facilities. In March 2009 we announced that we had obtained a new senior secured term loan and revolving credit facility. Wells Fargo Foothil... administrative agent and lender for both the term loan and revolving credit facility. This financing incl...
... $600.0 Senior unsecured revolving credit facility 1,000.0 1,000.0 Senior unsecured term loan 1,000.0 1,000.0 7.25% senior notes due 2013, net of unamortized discount 497.9 497.8 ...
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(Date:11/26/2009)...ks are some of the Ocean,s most distinctive reside...his strange head shape, says Michelle McComb from...is the shark,s vision. ,Perhaps their visual field...s McComb, giving the sharks excellent stereovision...b, there were two schools of thought on this theor...
(Date:11/26/2009)...r impressive antlers, red deer have been caught in... antlers are much more than decorative. They are l...ing. John Currey, from The University of York, UK,...f bone for over half a century and has become fasc...ugh a long-standing collaboration with Tomas Lande...
(Date:11/26/2009)... at last worked out a way of using recordings of b...ulations. This is the first time sound recordings ...accurate estimates of bird species, populations. B...Ecological Society,s Journal of Applied Ecology ,...a major advance in our ability to monitor whale an...
Breaking Biology News(10 mins):Wide heads give hammerheads exceptional stereo view 2Tough yet stiff deer antler is materials scientist's dream 2Ecologists sound out new solution for monitoring cryptic species 2New Tests Spot Tough to Detect Cancers Sooner 47808 1New Tests Spot Tough to Detect Cancers Sooner 47808 2Hospitalized patients need better understanding of CPR and outcomes 47805 1Hospitalized patients need better understanding of CPR and outcomes 47805 2Hospitalized patients need better understanding of CPR and outcomes 47805 3Scientists unravel the mystery of white nose syndrome 8708 1Scientists unravel the mystery of white nose syndrome 8708 2Scientists unravel the mystery of white nose syndrome 8708 3(Date:11/29/2009)..., Nov. 29 The following is an inve...ities Research, Inc. ,, Intellivest Securities ...tment advisor, has published a Report on BioClinic...maceutical, biotechnology and medical device indus... manage, process and submit medical imaging portio...
(Date:11/29/2009)...mannequins to teach doctors-in-training how to do ...o improve their skills without compromising patien...enry Ford Hospital. , The study shows that this ... tool to improve medical residents, knowledge, dex...ore common ultrasound-guided procedures, including...
(Date:11/29/2009)...ON, Minn., Nov. 29 Acuo Technologi...anagement software, data migration tools and servi... AcuoShare that allows image sharing across the ne..., The AcuoShare solution is based on the versatil...re. The Acuo AcuoShare enables secure access from...
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Breaking Medicine News(10 mins):Health News:Research Report on BioClinica, Inc. as Speculative Buy 2Health News:Simulated training for ultrasound-guided procedures improves safety without risk to patients 2Health News:Acuo Technologies Announces a New Offering That Enables Sharing of Imaging Studies Securely and Affordably 2Health News:Psychotherapy Can Boost Happiness More Than Money: Study 2Health News:The YogaForce A-Line Mat Provides The Perfect Solution For Fitness Needs 2Health News:The YogaForce A-Line Mat Provides The Perfect Solution For Fitness Needs 3[0] Research Report on BioClinica, Inc. as Speculative Buy[1] Simulated training for ultrasound-guided procedures improves safety without risk to patients[1] Acuo Technologies Announces a New Offering That Enables Sharing of Imaging Studies Securely and Affordably[0] Psychotherapy Can Boost Happiness More Than Money: Study[0] The YogaForce A-Line Mat Provides The Perfect Solution For Fitness Needs
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