Ocugen Secures $30 Million in Debt Funding
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Ocugen, Inc. has secured a $30 million credit facility from Avenue Venture Opportunities Fund, L.P. The funds will be used for general corporate purposes, capital expenditures, working capital, and administrative expenses.
November 07, 2024 | 11:45 am
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Ocugen, Inc. has secured a $30 million credit facility to support its operations and growth. This funding provides financial flexibility for the company to pursue its strategic goals.
The $30 million credit facility provides Ocugen with additional financial resources, which can be used for various corporate needs. This is likely to be seen positively by investors as it enhances the company's ability to fund its operations and growth initiatives.
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