www.fdanews.com/articles/70088-transgenomic-secures-additional-financing
Transgenomic Secures Additional Financing
March 21, 2005
Transgenomic has concluded negotiations with Laurus Master Fund aimed at firming up its financing for ongoing operations. Laurus has agreed to extend, until March 31, 2006, a previously issued waiver to the borrowing base limitation contained in its revolving facility with the corporation, thereby making the full $7.5 million revolving facility available throughout 2005.
PharmaLive (http://www.pharmalive.com/News/index.cfm?articleid=222365&categoryid=15)