Karius Secures $25M Loan

Nov 29, 2018

NEW YORK (GenomeWeb) — Karius announced today that it has reached a deal for a $25 million senior secured term loan from financing firm Oxford Finance.

Specific terms of the loan were not disclosed.

Redwood City, California-based Karius said it intends to use the money to continue commercialization of its diagnostic technologies, to fund clinical studies, and for research and development activities.

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