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Re: realfast95 post# 7335

Saturday, 12/09/2017 4:17:36 PM

Saturday, December 09, 2017 4:17:36 PM

Post# of 8022
If that’s the case it’s still very insignificant. And they weren’t hiding anything, it’s mentioned right in the PR...

"We are pleased to expand our relationship with Silicon Valley Bank and MidCap Financial, and we appreciate their confidence in MACI’s prospects and our business overall," said Gerard Michel, Vericel's chief financial officer and vice president of corporate development. "The expanded loan facility strengthens our balance sheet while minimizing dilution and will allow us to reach the broader surgeon audience that has shown interest in using MACI to treat patients with full-thickness cartilage defects of the knee and to continue to support the expanded usage of Epicel.”
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