NEW YORK (GenomeWeb) – Becton Dickinson today entered into a $1.5 billion credit agreement with Citibank, according to forms filed with the US Securities and Exchange Commission.

The agreement is a senior unsecured revolving credit facility that provides BD with $1.5 billion of financing, including a $100 million letter of credit subfacility, and expires in January 2021, according to the SEC documents. BD may access up to an additional $500 million of financing through the facility, for a maximum aggregate commitment of up to $2 billion.

To read the full story....

Register for Free.

...and receive Daily News bulletins.

Already have an account?
Login Now.

An Australian-led team has generated a draft genome assembly of the invasive cane toad in hopes it will help in population control, the Sydney Morning Herald reports.

The New York Times reports that the US Department of Defense has implemented about half the recommendations made to improve safe handling of dangerous agents.

In PLOS this week: approach for teasing out archaic introgression in human genomes, immune transcription features in HCV infection, and more.

Stat News reports that Maryland is promoting itself to the biotech industry with a mobile billboard.