Oxford Finance

NEW YORK (GenomeWeb) – HTG Molecular Diagnostics today announced the closing of a growth capital term loan facility for up to $16 million with Silicon Valley Bank and Oxford Finance.
HTG said it drew $11 million of the funding at the initial closing.

NEW YORK (GenomeWeb News) – Oxford Finance today said that it and Silicon Valley Bank have provided a $15 million senior credit facility for molecular diagnostics firm XDx.

By a GenomeWeb staff reporter
NEW YORK (GenomeWeb News) – NanoString Technologies has received $15 million in debt financing from Oxford Finance and Silicon Valley Bank.

The loan from Oxford Finance was used to pay off another loan with the remaining funds targeted for working capital.

WaferGen raised $5 million in a private placement through its Malaysian subsidiary; and entered into a $2 million loan agreement with Oxford Finance.

The World Health Organization has announced the members of its gene-editing committee, according to NPR.

DARPA is working on developing algorithms that gauge the credibility of research findings, Wired reports.

The American Society of Breast Surgeons recommends all women diagnosed with breast cancer be offered genetic testing, the Washington Post says.

In Science this week: comparison of modern, historical rabbit exomes uncovers parallel evolution after myxoma virus exposure; and more.