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Heat Biologics Adds Venture Capital Debt Round

Friday, December 14, 2012 5:59:00 AM PDT | VentureDeal
   Research Triangle Park, North Carolina  --  Biotechnology company Heat Biologics has secured an undisclosed amount of venture capital debt funding.

Heat Biologics is developing a platform that provides a novel approach to treating cancer by using live, modified cell lines to activate the immune system against the cancer.

Square 1 Bank made the loan.

The company said it would use the proceeds to support its ongoing clinical trials and company growth initiatives.

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