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Sigma-Aldrich Inks $600M Credit Facility

NEW YORK (GenomeWeb News) – Sigma-Aldrich said after the close of the market Wednesday that it has established a new $600 million revolving credit facility.

The new facility matures on May 10, 2017, and replaces a $450 million facility that was scheduled to mature on Dec. 11, 2012. The firm said that the facility will provide it with back up liquidity and will be used for general corporate purposes.

Nine banks participated in the facility with Wells Fargo Bank, National Association acting as administrative agent. Co-lead arrangers for the facility included Wells Fargo Securities; Merrill Lynch; Pierce, Fenner & Smith; and JP Morgan Securities.

The Scan

Pig Organ Transplants Considered

The Wall Street Journal reports that the US Food and Drug Administration may soon allow clinical trials that involve transplanting pig organs into humans.

'Poo-Bank' Proposal

Harvard Medical School researchers suggest people should bank stool samples when they are young to transplant when they later develop age-related diseases.

Spurred to Develop Again

New Scientist reports that researchers may have uncovered why about 60 percent of in vitro fertilization embryos stop developing.

Science Papers Examine Breast Milk Cell Populations, Cerebral Cortex Cellular Diversity, Micronesia Population History

In Science this week: unique cell populations found within breast milk, 100 transcriptionally distinct cell populations uncovered in the cerebral cortex, and more.