Tuesday, November 22, 2005

 

Sembiosys uses debt financing for capital expansion

Sembiosys has secured 2.5 million in debt financing from Oxford Finance Corporation of Virginia for capital asset purchases. According to the press release, these capital asset purchases will triple their plant growth capacity. This expansion is needed as Sembiosys moves its insulin and Apo AI drugs from research into a commercialization phase.
# posted by Brian @ 11/22/2005 03:17:00 PM
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