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Nivagen Raises Cash To Fuel Growth

More Financing In The Works, CEO Says

 
• By Dean Rudge

California-based Nivagen is continuing to raise money to push through a number of generic launches in the US this year, the company’s founder and chief Jay Shukla told Generics Bulletin.

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Another round of financing by Nivagen will help push generics through this year. • Source: Shutterstock

North American generics specialist Nivagen Pharmaceuticals has secured an $8m credit facility with help from commercial finance advisors Business Capital, providing some of the firepower to launch almost 10 new generics this year.

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