NEW YORK (GenomeWeb News) – Entelos said on Friday that it has signed a debt financing agreement with Imperium Master Fund for a cash loan of $6.5 million.
 
Entelos said it plans to use $1.5 million of the proceeds to repay debt related to its acquisition of Iconix Biosciences in August. The company will use the remaining $5 million as long-term working capital.
 

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