Tuesday, November 6, 2007

North American Scientific Gets Debt Financing

Chatsworth-based North American Scientific, a manufacturer of implantable radioactive sources for the treatment of cancer, has received $1M in debt financing. According to Agility Capital, the provider of the funding, the debt facility is in the form of a tiered bridge loan. North American Scientific's products are used for treating prostate cancer, ocular melanoma and certain other diseases. Agility Capital is a provider of venture debt and other financing.

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