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Home > News > BioDelivery Sciences International, Inc. Announces $4M Credit Facility

August 3rd, 2004

BioDelivery Sciences International, Inc. Announces $4M Credit Facility

Abstract:
BioDelivery Sciences International announced today that it has agreed to enter into a credit facility of up to $4 million with Hopkins Capital Group II, LLC, an affiliated entity of BDSI, which is controlled and partially-owned by Dr. Francis E. O'Donnell, Jr., BDSI's Chairman and CEO. Chairman and CEO Dr. Francis E. O'Donnell, Jr. stated: "As the controlling stockholder of BDSI, we are pleased to provide supplemental funding to support BDSI's drug delivery nanotechnology.

Source:
Businesswire

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