TriSalus Life Sciences Announces Drawdown of $10 Million Tranche Under Credit Agreement with OrbiMed
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TriSalus Life Sciences has drawn down $10 million from its $50 million credit agreement with OrbiMed to support its biomedical technology initiatives.
February 03, 2025 | 1:15 pm
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TriSalus Life Sciences has drawn $10 million from its $50 million credit agreement with OrbiMed. This funding will support its efforts in biomedical technology and immunotherapy for solid tumors.
The drawdown of $10 million provides TriSalus with additional capital to further its research and development in biomedical technology, potentially leading to advancements in its treatment offerings. This financial move is likely to be seen positively by investors as it strengthens the company's financial position and supports its growth initiatives.
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