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news.Hercules Technology Growth Capital has provided $20 million in debt financing to Kamada. The deal is assumed to be the first financing Hercules has provided as a result of its alliance with Market Bridges, a financial services and business-development firm.
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David Tsur, CEO of Kamada, said: “Hercules’s debt financing will help fund a mixture of Kamada’s clinical programs and strategic priorities that enable our continued development and marketing of specialty, life-saving biopharmaceuticals designed to improve the quality of life of patients worldwide.”