News

Deal Announcements

Metabolon Secures $2 Million Debt Funding

Friday, September 7, 2007 5:00:00 AM PDT | VentureDeal Staff
DURHAM, NC -- Biotech company Metabolon, Inc. has received $2 million in venture debt commitments, according to a report in TechJournal South.

Metabolon provides biotechnology companies with "production-ready metabolomics services."  These services include biomarker discovery used in research for drug discovery, drug development and diagnostic development.

Oxford Finance Corporation and Webster Bank are providing the credit.  The company intends to use the proceeds primarily to purchase mass spectometry equipment which will expand the company's capacity.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin


PCI - Level1