6:18 PM
 | 
Apr 22, 2013
 |  BC Extra  |  Financial News

Avinger secures up to $40M in loan from PDL

Cardiovascular device company Avinger Inc. (Redwood City, Calif.) raised $20 million from PDL BioPharma Inc. (NASDAQ:PDLI) in a mezzanine debt financing. Avinger is eligible for an additional $10-$20 million in a loan, which is dependent on achieving...

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