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loan agreement

The loan amendment extends the deadline for drawing a $10 million tranche under the original loan agreement from June 30, 2015 to Dec. 31, 2015.

The company has amended and restated a credit facility and a secured revolving note to increase the available borrowing amount for each to up to $120 million.

The $10 million was borrowed under an initial term loan pursuant to a debt facility created in January and led by GE Capital's Healthcare Financial Services business.

The firms have inked a non-binding letter of intent to negotiate a merger, and Medytox has provided CollabRx with a loan.

The company raised $5 million in private financing and is borrowing $5 million.

Under the terms of the agreement, Veracyte can borrow up to $15 million in three tranches of up to $5 million each.

The firm now expects to incure less debt than previously anticipated in helping to pay for its $12.2 billion acquisition of CareFusion.

NEW YORK (GenomeWeb) – Agilent Technologies this week updated its figures for headcount reduction and said that its subsidiary in India has borrowed $35 million for general corporate purposes on a short-term basis.

NEW YORK (GenomeWeb News) – NanoString Technologies said after the close of the market on Thursday it has reached a term loan agreement with Capital Royalty and certain of its affiliates to borrow up to $45 million.

NEW YORK (GenomeWeb News) – Thermo Fisher Scientific said after the close of the market on Tuesday that it has entered into a bridge credit agreement and a term loan agreement that together total $12.5 billion to help finance its proposed

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