T2 Biosystems extends term loan with CRG to end of 2024

By Wendy Van Sickle

Columbus, Ohio, Nov. 10 – T2 Biosystems, Inc. announced it amended and extended its term loan agreement with CRG Servicing LLC.

The amendment extends both the interest-only period and the maturity date by one year to Dec. 31, 2024 from Dec. 31, 2023.

No other material changes were made to the loan agreement.

T2 Biosystems specializes in the rapid detection of sepsis-causing pathogens. The in vitro diagnostics company is based in Lexington, Mass.

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