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NEW YORK (GenomeWeb) — German molecular diagnostics firm Curetis said today that it will receive €6.5 million ($7.3 million) in gross proceeds under two financing facilities.

According to Curetis, it will receive a €5.0 million tranche of non-dilutive debt financing under a loan deal signed with the European Investment Bank in late 2016. The company also said it will now be able to access €1.5 million under a €20 million convertible notes financing facility signed with Yorkville Advisors Global in October.

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