NEW YORK (GenomeWeb) – Premaitha Health said today that it has secured another $5 million loan from Thermo Fisher Scientific.

Under the agreement, Thermo Fisher will grant Premaitha a secured loan facility of $5 million. Premaitha will draw down $4 million of the loan immediately as working capital to support its commercial growth strategies and the remainder against performance milestones that will be reviewed every quarter.

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