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credit facility

The firm expects to offer nearly 5 million shares and also noted that this week it entered into an amended credit facility.

NanoString will initially draw $60 million at close, which will net it approximately $8 million after repaying its existing debt with the investment firm.

The new agreement amends a deal reached in October to partially fund its acquisition of some Alere businesses. That agreement was for $270 million.

NeoGenomics has now redeemed 100 percent of the $110 million preferred stock issues in conjunction with the Clarient acquisition, at a cost of $105 million.

The company said it will use the proceeds for technology development and to expand its global footprint, among other things.

The company will use a portion of the credit facility to fund its announced acquisition of Integrated DNA Technologies.

The company entered an agreement with JP Morgan Chase that provides a five-year unsecured $300 million term loan and a $1.5 billion revolving facility.

The company immediately borrowed $255 million to pay part of the $680 million price tag for Alere's MeterPro cardiovascular and toxicology business and its BNP assay business.

The firm said that it expects to use the proceeds of the senior notes offering to contribute to retirement of remaining convertible notes.

Castle will use the proceeds to accelerate marketing and new product development related to its molecular prognostic tests for patients with underserved cancers.

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The former commissioner of the FDA has returned to the venture capital firm New Enterprise Associates as a special partner on the healthcare investment team.

Astronauts have edited yeast genes on the International Space Station in an experiment designed to show how cells repair themselves in space.

Emory University has found that two of its researchers failed to divulge they had received funds from China, according to the Atlanta Journal-Constitution.

In Science this week: influence of the nuclear genome on human mitochondrial DNA, and more.