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Solta Medical Expands Credit Line




Hayward-based Solta Medical, a developer of medical aesthetics products, said this week that it has expanded a credit line from Silicon Valley Bank. The firm said it has expanded the line from $18M to $28M, with the new $10m under a secured term loan. The firm said it will use the funding to facilitate the acquisition of the LipoSonix subsidiary from Medicis.


 

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