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Waters Borrows $150M from Loan Facility

NEW YORK (GenomeWeb News) – Waters has borrowed $150 million from a term loan facility that it entered into earlier this week, the firm said in a filing today with the US Securities and Exchange Commission.

Earlier this week, Milford, Mass.-based Waters entered into the credit agreement with JPMorgan Chase Bank and other financial institutions.

Waters used the proceeds of the loan to repay amounts outstanding under the revolving tranche of its existing multi-borrower credit agreement dated Jan. 11, 2007. It said that its existing credit agreement covering a $500 million term loan facility and $650 million revolving credit facility, both of which mature on Jan. 11, 2012, remains unchanged.

The Scan

Highly Similar

Researchers have uncovered bat viruses that are highly similar to SARS-CoV-2, according to Nature News.

Gain of Oversight

According to the Wall Street Journal, the Biden Administration is considering greater oversight of gain-of-function research.

Lasker for mRNA Vaccine Work

The Scientist reports that researchers whose work enabled the development of mRNA-based vaccines are among this year's Lasker Award winners

PLOS Papers on Causal Variant Mapping, Ancient Salmonella, ALK Fusion Test for NSCLC

In PLOS this week: MsCAVIAR approach to map causal variants, analysis of ancient Salmonella, and more.