Tuesday, November 6, 2007
North American Scientific Gets Debt Financing
Chatsworth-based North American Scientific, a manufacturer of implantable radioactive sources for the treatment of cancer, has received $1M in debt financing. According to Agility Capital, the provider of the funding, the debt facility is in the form of a tiered bridge loan. North American Scientific's products are used for treating prostate cancer, ocular melanoma and certain other diseases. Agility Capital is a provider of venture debt and other financing.