NEW YORK (GenomeWeb) – Oxford Finance and Silicon Valley Bank said today that they have closed a $20 million credit facility with Castle Biosciences.

The credit facility comprises a $15 million senior secured term loan and a $5 million line of credit. Castle Bio, which is based in Friendswood, Texas, will use the proceeds to accelerate marketing and new product development related to its molecular prognostic tests for patients with underserved cancers.

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.

Researchers find that a personalized medicine approach could help people who experience pain while taking statins, New Scientist reports.

US National Science Foundation is continuing its responsible research conduct training policy despite its flaws, ScienceInsider reports.

A CRISPR-themed meeting explored how the tool could and should be used, Wired reports.

In Science this week: database of proteins' effects on cancer, targeted error correction sequencing, and more.