By staff writers

July 26, 2012 -- Ultrasound technology developer Zonare Medical Systems announced it has won $25 million in financing.

Oxford Finance of Alexandria, VA, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, closed a $25 million debt facility with Zonare on July 25. Proceeds of the loan will be used for growth capital and to further the development of its ultrasound technology, according to Zonare.

Copyright © 2012

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