By a GenomeWeb staff reporter
NEW YORK (GenomeWeb News) – AssureRx today announced it has secured an $8 million term and revolving credit facility, which it will use to increase adoption of its GeneSightRx test.
By a GenomeWeb staff reporter
NEW YORK (GenomeWeb News) – Danaher reduced its commitments on a credit facility to $1 billion, the conglomerate disclosed after the close of the market on Wednesday.
The company said it had borrowed $455 million under the new credit agreement, of which $435 million was used to pay the outstanding amounts from a previous agreement.
In an SEC document, Danaher disclosed it also has reduced its commitments on a 364-day credit facility it entered into in connection with its purchase of Beckman Coulter, while it terminated another existing credit facility.
The credit facility consists of a term loan of up to $20 million and a $10 million revolving line of credit, which will be used to purchase capital equipment and expand laboratory capacity.
In Science this week: a survey indicates that US adults are more likely to support the agricultural use of gene drives if they target non-native species and if they are limited, and more.
