New financing for Acusphere

Ultrasound contrast developer Acusphere has received a $2 million loan from the state of Massachusetts.

The loan, issued under the Emerging Technology Fund (ETF) by the MassDevelopment statewide finance and development agency, will be used to help renovate and equip a building in Tewskbury, MA, according to the Watertown, MA-based firm. Acusphere said it intends to use the facility to manufacture its AI-700 ultrasound contrast agent.

By AuntMinnie.com staff writers
October 18, 2004

Related Reading

Acusphere adds to coffers, August 3, 2004

Acusphere leases manufacturing facility, July 23, 2004

Acusphere, Nycomed ink European partnership, July 7, 2004

Ultrasound firm Acusphere launches IPO, October 15, 2003

Acusphere gets financing for development, April 21, 2003

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