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:4/18/2015)... Carinsurancesavings.biz has released a new blog post ... during Spring. , Spring can be a great ... make sure they compare the newest policies before deciding ... more about Spring car insurance offers by reading the ... are becoming more and more popular. Many insurance brokerage ...
(Date:4/18/2015)... 2015 "I recognized the need for ... facilities," said an inventor from Cincinnati, Ohio. "This need ... He developed the Slyde Door to offer an alternative ... facilities. It provides convenient storage space for an evacuation ... available for patients. , This offers added peace ...
(Date:4/18/2015)... YORK (PRWEB) April 18, 2015 Review ... are hosting a ‘Strategies for Success’ program for cataract ... Surgeons meeting in San Diego, where eye surgeon Jeffrey ... for this invitation-only event. Dr. Martin is the Managing ... Review of Ophthalmology chose Dr. Martin to lead this ...
(Date:4/18/2015)... Lowcostcarinsuranceprice.com has released a new blog post ... auto insurance prices . , Drivers who live ... may have to pay more for auto insurance plans ... can also offer protection against vehicle theft. , ... on a single website: http://lowcostcarinsuranceprice.com/ . Drivers ...
(Date:4/18/2015)... NC (PRWEB) April 18, 2015 Patients ... risk of developing mesothelioma later in life, but the ... from mesothelioma that is unrelated to radiation. Surviving Mesothelioma ... on its website. Click here to read it ... Australia compared the cases of 45 patients who had ...
Breaking Medicine News(10 mins):Health News:Auto Insurance Plans Are Cheaper During Spring! 2Health News:Dr. Jeffrey Martin Invited to Share Latest Breakthroughs in Cataract Care During Roundtable Discussion at National 2015 ASCRS Meeting In San Diego 2Health News:High Rates Of Car Theft Can Have An Impact on Auto Insurance Prices! 2Health News:New Study Examines Relationship Between Radiation for Hematologic Cancers and Development of Mesothelioma, According to Surviving Mesothelioma 2
... , VIENNA, July 14 Eating ... physical activity may help preserve our memory and thinking abilities as ... Association 2009 International Conference on Alzheimer,s Disease (ICAD 2009) in Vienna. ... http://www.newscom.com/cgi-bin/prnh/20090529/ICADLOGO ) , ...
... , , , , ... world,s largest and only multi-media diabetes resource, announced today that Nick Jonas of ... his four-year challenge with type 1 diabetes. It will air on ... CNBC. , , Jonas has succeeded in integrating ...
... , , SCHAUMBURG, Ill., July 14 ... on vitamin D after an updated review of the increasing body of ... , , The Academy continues to ... supplements, and not from unprotected exposure to ultraviolet (UV) radiation from the ...
... , NEW ORLEANS, July 14 Ochsner Medical ... transplant in Louisiana, and one of only a handful in the ... make living-donor kidney transplants easier on the donor by using smaller ... performed the operation in July 2009 with successful outcomes for the ...
... -- A new Mayo Clinic study found that ... better at predicting who will develop Alzheimer,s disease ... of information to aid in the identification and early treatment ... will be presented at the Alzheimer,s Association International Conference on ...
... deaths attributed to smothering and overlaying, by either a ... or Sudden Infant Death Syndrome (SIDS). These deaths would ... infanticide, because SIDS had not yet been identified, according ... Arizona, USA. Her findings (1) are published online this ...
Cached Medicine News:Health News:A 'Heart Healthy' Diet and Ongoing, Moderate Physical Activity May Protect Against Cognitive Decline as We Age 2Health News:A 'Heart Healthy' Diet and Ongoing, Moderate Physical Activity May Protect Against Cognitive Decline as We Age 3Health News:A 'Heart Healthy' Diet and Ongoing, Moderate Physical Activity May Protect Against Cognitive Decline as We Age 4Health News:A 'Heart Healthy' Diet and Ongoing, Moderate Physical Activity May Protect Against Cognitive Decline as We Age 5Health News:A 'Heart Healthy' Diet and Ongoing, Moderate Physical Activity May Protect Against Cognitive Decline as We Age 6Health News:A 'Heart Healthy' Diet and Ongoing, Moderate Physical Activity May Protect Against Cognitive Decline as We Age 7Health News:A 'Heart Healthy' Diet and Ongoing, Moderate Physical Activity May Protect Against Cognitive Decline as We Age 8Health News:Nick Jonas Opens Up About His Diabetes In Exclusive TV Interview July 19th, 2009 on dLife 2Health News:American Academy of Dermatology Issues Updated Position Statement on Vitamin D 2Health News:American Academy of Dermatology Issues Updated Position Statement on Vitamin D 3Health News:American Academy of Dermatology Issues Updated Position Statement on Vitamin D 4Health News:Ochsner 1st in Louisiana to use Robotics in Living-Donor Kidney Transplant for Faster Recovery 2Health News:Mayo Clinic study continues to refine most effective methods to predict Alzheimer's disease 2
(Date:4/17/2015)... April 17, 2015 Nonin Medical, a global ... and Chief Operating Officer Steve Bucholz will ... is expanding his role as Chief Executive Officer. In ... Chief Technology Officer. Operations will transition to David ... Bucholz has been instrumental to Nonin Medical,s growth," ...
(Date:4/17/2015)... DUBLIN , Apr. 17, 2015 Research and ... addition of the "Medical Equipment Rental and Leasing ... offering. This report analyzes the worldwide markets ... The report provides separate comprehensive analytics for the US, ... , and Rest of World. Annual estimates ...
(Date:4/17/2015)... DETROIT , April 17, 2015  In ... poverty, the infant mortality rate is two and one half ... live births. Nearly 6 of 10 infants that die in ... care.  These are sobering statistics that Covenant Community Care, a ... Metro Detroit, is poised to change thanks to a charitable ...
Breaking Medicine Technology:Nonin Medical's Philip Isaacson Expands CEO Role; President and COO Steve Bucholz to Retire May 1 2Medical Equipment Rental and Leasing Market 2015-2020 - Global Strategic Business Report - Healthcare Spending Slowdown Bodes Well for Medical Equipment Leasing 2Covenant Community Care to Receive Donated SONIMAGE P3 Handheld Ultrasound from Konica Minolta Medical Imaging 2Covenant Community Care to Receive Donated SONIMAGE P3 Handheld Ultrasound from Konica Minolta Medical Imaging 3Covenant Community Care to Receive Donated SONIMAGE P3 Handheld Ultrasound from Konica Minolta Medical Imaging 4
... ROCHESTER, N.Y., March 23 A type of brain cell ... few ways in which the human brain differs fundamentally from ... published their findings as the cover story in the March ... the University of Rochester Medical Center found that ...
... WASHINGTON, March 23 Since 1993, when the PLCO trial ... with eager anticipation, as have others. The initial report of ... comparable European trial -- published last week in the New ... , * The studies offer conflicting evidence about ...
Cached Medicine Technology:Astrocytes Help Separate Man From Mouse 2Astrocytes Help Separate Man From Mouse 3Astrocytes Help Separate Man From Mouse 4Astrocytes Help Separate Man From Mouse 5A Joint Statement From America's Prostate Cancer Advocacy, Education, and Support Organizations 2A Joint Statement From America's Prostate Cancer Advocacy, Education, and Support Organizations 3
Stratasis Urethral Sling is intended for implantation to reinforce soft tissues where weakness exists. Supplied sterile in peel-open packages. Intended for one-time use....
Used for retrograde pyelogram. The tip configuration occludes the ureteral orifice and stabilizes the catheter by temporarily wedging in the orifice. Supplied sterile in peel-open packages. Intended ...
Used for drainage and retrograde pyelogram. Supplied sterile in peel-open packages. Intended for one-time use....
Used for directing a flexible tipped wire guide in the ureter. The angled tip allows passage of the catheter past a ureteral stone in preparation for E.S.W.L. Supplied sterile in peel-open packages. ...
Medicine Products: