divendres, 21 de febrer del 2014

Paradigm Spine lands $75 million in debt financing




Paradigm Spine inks a $75 million credit deal with PDL BioPharma it plans to use to refinance its existing credit and boost its U.S. commercial efforts.





Paradigm Spine lands $75 million in debt financing

Paradigm Spine said it inked a $75 million credit agreement with PDL BioPharma.


Paradigm Spine, which makes spinal implants, said it will take the 1st $50 million in at closing, with another $25 million in milestone-based payments on the table.




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