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Oncothyreon Secures $12.5M Loan

09:46 EST 9 Feb 2011 |

Seattle-based Oncothyreon (NASDAQ: ONTY) said today it has secured a $12.5 million loan from GE Capital Healthcare Financial Services. The company drew $5 million from the loan this week, and can receive the rest anytime before Nov. 1, as long as it hits certain milestones. Oncothyreon said it plans to use the money to run [...]

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