Monday, June 14, 2010
Cytori Gets $20M In Loan Facility
San Diego-based Cytori Therapeutics, a developer of medical devices and instruments for the cosmetic and reconstructive surgery market, announced today that it has received $20M in a loan facility. The facility came from GE Capital, Healthcare Financial Services, Oxford Finance Corporation, and Silicon Valley Bank. The firm said the funding will go towards commercialization and clinical development activities in Europe, Asia and the United States.