The second tranche of a term loan with Oxford Finance has brought in $15 million for Billerica, Mass.-based ConforMIS, which intends to use the money as working capital. The debt financing is provided under a five-year, $50 million agreement, part of the company's effort to support commercialization of its custom joint replacement implants.
ConforMIS obtains $15M in 2nd tranche of loan from Oxford Finance
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