NEW YORK (GenomeWeb) – Veracyte announced today that it has signed a deal securing up to $45 million in financing from investment fund Visium Healthcare Partners.

Under the terms of the arrangement, Visium will provide Veracyte with a loan of $25 million, approximately $5 million of which will be used to retire the molecular diagnostics company's existing loan with Silicon Valley Bank. Veracyte may borrow an additional $15 million, at its option, through June 2017.

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