Centice, a provider of drug verification and safety products, has successfully completed a $4 million bridge financing from its existing investors to support ongoing commercialization efforts for its innovative Pass Rx prescription verification product for the retail pharmacy marketplace.
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Leading the $4 million bridge financing were The Aurora Funds, and S-Group Direct Investments, along with participation from other existing investors Innovation Ventures and several individuals.
Ray Swanson, president and CEO of Centice, said: “We are very pleased to close on this round of new financing as these funds secure our ability to commercialize our Pass Rx product in 2009.”
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