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Ripping Off the Band-Aid

Arena Gets $100M Loan as Lorcaserin Deal Talks Continue

By Trista Morrison


Thursday, June 18, 2009
Arena Pharmaceuticals Inc. obtained a $100 million credit facility from its largest shareholder, Deerfield Management, providing much-needed funding to propel obesity drug lorcaserin through FDA review and add muscle to ongoing partnership discussions. (BioWorld Today)

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