Cerapedics closes $4 million term loan.

Cerapedics closes $4 million term loan, raises additional $4 million in equity financing Cerapedics, a privately-held orthobiologics organization, today announced closing of a $4 million term mortgage from GE Capital, Healthcare Financial Services, getting the total facility to $16.5 million. The company also announced it recently raised an additional $4 million in equity financing from inside investors.S. Food & Drug Administration in September 2014.It’s more like somebody saying, ‘I can’t pay the money I owe you, therefore take some stock and you will sell it” . Related StoriesNHS ‘hourglass’ structure holds back advancement of support workforceSignostics gets FDA 510k clearance for handheld bladder scannerInnovative single-make use of torque instruments utilize hard polycarbonate from BayerHowever, On Fri stated UAW President Ron Gettelfinger, ‘I’m very comfy,’ adding, ‘It isn’t like we’re entering this personal bankruptcy fighting with Chrysler and Fiat and the U.S. Treasury. We’re going in there in lockstep to put our agreements set up’ . Gettelfinger added, ‘The VEBA’s likely to be stressed to be able to pay the benefits. So what we will need to do. Is, the moment we possibly can, to start offering these shares’ .