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GE Healthcare Financial Services and BlueCrest Capital Finance Close a $27.5 Million Financing with SkinMedica, Inc.

Publication: Biotech Week
Publication Date: 05-NOV-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
GE Healthcare Financial Services, as agent, along with co-lender BlueCrest Capital Finance have provided a $27.5 million senior secured credit facility to SkinMedica, Inc., a leading specialty pharmaceutical company focused on developing, acquiring, and commercializing products that treat dermatologic conditions and diseases and improve the appearance of skin (see also GE Healthcare Financial Services).

The credit facility consists of a $22.5 million venture loan and a $5 million revolving credit line....

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