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OraSure adds $15 million to credit facility
New York, June 30 - OraSure Technologies, Inc. increased its credit facility by $15 million and extended the maturity of the revolving working capital line of credit to June 29, 2007 from June 27, 2006.
The extra borrowing capacity will be used to fund the purchase of two leased facilities located in Bethlehem, Pa., according to an 8-K filing with the Securities and Exchange Commission.
Comerica Bank is the lender.
OraSure, based in Bethlehem, makes oral fluid specimen collection devices and tests and other diagnostic products.
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