Thursday, January 23, 2020
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Aerin Medical Inc.

    Aerin Medical Inc. Secures $50 Million Debt Facility

    Aerin received $35 million at closing and will receive an additional $15 million in two tranches upon achieving certain milestones. The Company used approximately $16.5 million of these proceeds to retire its existing debt. The remaining proceeds will be used to accelerate Aerin's sales and marketing reach and to launch its next product.