Karius takes in $25 million via senior secured term loan with Oxford

By Devika Patel

Knoxville, Tenn., Nov. 29 – Karius, Inc. arranged a $25 million senior secured term loan with Oxford Finance LLC, according to a press release.

Proceeds will be used to expand the reach of the Karius technology to more hospitals and patients, invest in additional clinical studies and fund additional technology and product innovations.

Karius is a life sciences company based in Redwood City, Calif.

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