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Halo Pharmaceutical raises $14.6 million in financing

Halo Pharmaceutical, a specialty pharmaceutical company, has completed $14.6 million in financing from The Provident Bank to expand its operations.

Mohd Asif, CFO of Halo Pharmaceutical, said: “Provident is a respected local bank that understands the New Jersey market and the needs of New Jersey’s pharmaceutical companies. That’s why we chose to go to them for financing.

“Provident understands that providing the kind of financing that assists local companies helps keep jobs in the Garden State and even helps create jobs here in the future. We look forward to an ongoing close relationship with them.”