Navigation Links
Global Med Technologies(R), Inc. Secures $6 Million Credit Facility From Silicon Valley Bank for Inlog Acquisition
Date:6/20/2008

Loan Facility Paves Way for Inlog Closing by End of Month

DENVER, June 20 /PRNewswire-FirstCall/ -- Global Med Technologies(R), Inc. ("Global Med" or the "Company") (OTC Bulletin Board: GLOB), an international e-Health, medical information technology company, today announced it has secured a $6 million credit facility from Silicon Valley Bank (SVB), a leading provider of diversified financial services to companies in the technology, life science, private equity and premium wine industries. The capital will be used to complete its acquisition of Inlog, SA, Inlog, SAS, and its German subsidiary ("Inlog"), a private European medical software firm.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040226/GLOBALMEDLOGO )

Chairman and CEO of Global Med Technologies, Inc., Michael I. Ruxin, M.D., stated, "We are very pleased that Silicon Valley Bank has worked closely with us to facilitate this loan so quickly. SVB's unique understanding of emerging growth and established technology companies made the transaction process very smooth. Its focus on specialized markets and extensive knowledge of the people and business issues driving them provide a level of service and partnership we looked for in a financial institution." Dr. Ruxin continued, "Global Med is looking forward to completing the Inlog acquisition and realizing our ability to provide products and services that contribute to world health on a global scale."

"Silicon Valley Bank is proud to be Global Med's financial partner," said Ryan Incorvaia of Silicon Valley Bank's Colorado office. "We're pleased we can provide the company the resources it needs to execute its global strategy."

About Silicon Valley Bank

Silicon Valley Bank is the premier commercial bank for emerging, growth and mature companies in the technology, life science, private equity and premium wine industries. SVB pro
'/>"/>

SOURCE Global Med Technologies, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Zimmer Holdings to Partner with AmeriCares for Global Product Donation Program
2. Leaders Develop Leaders: Insights from Global Benchmarking Councils 10th Annual Human Resources Conference
3. Science, hope for adults with type 1 diabetes focus of JDRFs Annual Global Diabetes Research Forum
4. Report: NIH and Global Health Research are a Major Boon to All State Economies
5. Singapore Reinforces Position as a Global Site for Pharma & Biotech; Biomedical Manufacturing Output Quadruples to Reach US$17 Billion
6. Haemacure to Present at the BioInternational Convention - The Global Event for Biotechnology - at the San Diego Convention Centre, California, from June 17 - 20, 2008
7. Avon Global Ambassador Reese Witherspoon Visits Japan for First Time in Historic Role
8. Global Med Technologies(R) Signs Agreement With Californias Century Old Riverside County Regional Medical Center
9. Health Experts Call on Global Leaders to Ensure Access to Life-Saving Pneumococcal Vaccines
10. Wyeth to Present at the Goldman Sachs Annual Global Healthcare Conference
11. World Medical Tourism & Global Health Congress Connects Global Healthcare Providers with Global Insurance Companies
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/27/2015)... California (PRWEB) May 27, 2015 Western ... marked by a few historic firsts -- and one ... the Pasadena Civic Center marked the first time the ... the first time a Graduate College of Biomedical Sciences ... of the Pacific (COMP). , The university’s fifth and ...
(Date:5/27/2015)... As the U.S. Supreme Court considers the ... the Affordable Care Act (ACA), an investigation by the ... RAND Corporation and Express Scripts provides an unprecedented look ... enrollees. , The analysis is published online as ... also appear in the journal’s June issue. , The ...
(Date:5/27/2015)... 2015 Ticket Down is a reputable source for ... have been super hot during the 2014-15 NBA season and they ... with a final score of 118-88. , For the ... since 2006-2007 when they lost to the San Antonio Spurs. ... of the Cavaliers making it to the NBA finals increased tenfold. ...
(Date:5/27/2015)... Beverly Hills, CA (PRWEB) May 27, 2015 ... state of the art web portal focussed on keratoconus ... disease. This relentless progressive disease has its onset in the ... quieting down. The cornea or the front clear part of ... withstand the pressure in the eye. It results in poor ...
(Date:5/27/2015)... BBB Code of Business Practices represents sound advertising, selling ... confidence in business. The Code is built on the ... elements of creating and maintaining trust in business. This ... Businesses based in the United States and Canada that ... accredited by BBB. , To be accredited by the ...
Breaking Medicine News(10 mins):Health News:WesternU Commencement Celebrates Achievements of Graduates and Founding President 2Health News:WesternU Commencement Celebrates Achievements of Graduates and Founding President 3Health News:WesternU Commencement Celebrates Achievements of Graduates and Founding President 4Health News:WesternU Commencement Celebrates Achievements of Graduates and Founding President 5Health News:Large-Scale Analysis of Medication Data Provides Insights into Who Is Covered by Affordable Care Act 2Health News:Large-Scale Analysis of Medication Data Provides Insights into Who Is Covered by Affordable Care Act 3Health News:Large-Scale Analysis of Medication Data Provides Insights into Who Is Covered by Affordable Care Act 4Health News:Cavs NBA Finals Tickets: Ticket Down Slashes Ticket Prices on Cleveland Cavaliers 2015 NBA Finals Tickets at Quicken Loans Arena and Offers Valuable Promo Code 2Health News:KVI announced the launch of The Keratoconus website focused on age based keratoconus treatment . 2Health News:Carson Energy Receives A+ Accredited Rating For 19 Consecutive Years 2
... Global climate change will not only impact plants and animals ... that perform a myriad of functions important to life on ... will be, but they could be significant and will probably ... in Boston. , Microbes perform a number of critical functions ...
... National Alliance on,Mental Illness (NAMI) will holds its ... featuring leading experts, policymakers and,individuals and families living ... issues, including the latest scientific and medical advances ... issues., NAMI will honor TV journalist Jane ...
... passage would strip illustrators of essential rights ... nonprofits, LAWRENCE, Kan., June 3 The ... international organization,representing highly trained professional medical illustrators and,animators, ... Works Act,of 2008" (H.R. 5889/S. 2913), pending in ...
... Parliament Heart Group meet today, 3 June, in Brussels, ... and how labelling of food can help people choose ... The European Commission has already made the declaration of ... on food packaging mandatory. Nevertheless, there is no European ...
... CHENGDU, China, June 2 Dogs which survived,the ... Sichuan China have a,new lease on life after ... ) and local officials announced an agreement to ... public health concerns through an IFAW,sponsored anti-rabies vaccination ...
... 2 Medifast, Inc.,(NYSE: MED ) announced today ... Officer, will make a presentation at the,Canaccord Adams Diabetes ... a.m. PT at the Hotel Nikko San Francisco., ... the event at, http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2301640 . The web,cast will be ...
Cached Medicine News:Health News:Climate change could impact vital functions of microbes 2Health News:Climate change could impact vital functions of microbes 3Health News:Orlando: June 13-16; National Convention on Mental Illness; Jane Pauley to Receive Award 2Health News:Association of Medical Illustrators Denounces 'Orphan Works' Bills Before Congress 2Health News:Members of European Parliament discuss food labeling and heart health 2Health News:Chinese Officials Cancel Dog Cull in Earthquake Zone 2Health News:Medifast, Inc. to Present at the Canaccord Adams Diabetes & Obesity Conference 2
(Date:5/27/2015)... DUBLIN , May 27, 2015 /PRNewswire/ ... ) has announced the addition of the  ... Testing Market"  report to their offering. ... ,Major issues pertaining to the UK NAT ... regulatory, demographic, social and technological trends with ...
(Date:5/27/2015)... 2015 Research and ... of the  "2015 Strategies in the Global ...      (Logo: http://photos.prnewswire.com/prnh/20130307/600769) , , ... of the orthopedics market, including forecasts for ... categories. , ,In addition, the report presents ...
(Date:5/27/2015)... 27, 2015 Research ... addition of the  "2015 Strategies in the ... to their offering.       (Logo: ... designed to help current suppliers and potential ... emerging in the French coagulation testing market ...
Breaking Medicine Technology:Global Orthopedics Market Strategies 2015 2United States Hemostasis Diagnostic Testing Market Strategies 2015 2
... February 23 BN,ImmunoTherapeutics, Inc. today provided updated ... vaccine, MVA-BN(R)-HER2, in development as,therapy of metastatic breast ... its primary endpoint with regards to safety and ... immune response was,detected in approximately 70% of evaluated ...
... An international team of,researchers has evaluated ... the knee, and the results have been ... journal "Osteoarthritis and Cartilage".,The researchers followed 376 ... treatments. After six months as well as ...
Cached Medicine Technology:BN ImmunoTherapeutics Updates on Phase I/II Studies With Breast Cancer Vaccine 2BN ImmunoTherapeutics Updates on Phase I/II Studies With Breast Cancer Vaccine 3New Treatment Against Osteoarthritis: Orthokine Therapy Highly Effective Against Knee Arthritis After Two Years 2
The Fluoroskan Ascent, a dedicated microplate fluorometer, offers high sensitivity for a wide variety of fluorometric applications....
... DyNA Quant™ 200 is a ... excitation and 460 nm emission. The ... the detection of double-stranded DNA using ... assay, which minimizes interference from the ...
The VICTOR² D fluorometer is suitable for clinical assays based on fluorescence or time-resolved fluorescence from a wide variety of plates....
Liquid, ready-to-use, bar-coded Olympus reagents are convenient, economical easy-to-use and reliable. This is one of 122 tests standardized for use on the Olympus AU400e, AU640e, AU2700, and AU5400 C...
Medicine Products: