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Oxford Finance

The synthetic biology and DNA data storage firm will use the funds to launch its BioXp 3200 automated gene synthesis and cloning platform.

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.

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.

Two COVID-19 vaccine developers have released their trial protocols to build public trust, the New York Times reports.

A new analysis finds the rapid COVID-19 test from DnaNudge to be highly accurate, Reuters reports.

In Science this week: global citizens' assembly on genome-editing technologies proposed, epigenetic markers predict metformin response, and more.

According to the Verge, many US states are not including positive results from rapid COVID-19 testing in their case numbers.