Financings Roundup

May 2008
BioWorld Today;5/15/2008, Vol. 19 Issue 95, p3
The article reports on a binding commitment entered by NexMed Inc. of East Windsor, New Jersey with one of its largest shareholders for a line of credit. The company intends to use the money to bridge the anticipated payments from partner Novartis AG, which licensed rights to NM100060 of NexMed. NM100060 is a topical treatment for onchomycosis.


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