Business in the Burbs

EpiCept Corp. in Eastview nearly through with debt

December

EpiCept Corp., a pharmaceutical company in Eastview, said it has nearly paid off its debts. The converted $1.9 million of senior secured debt into common stock and scheduled loan payments. The company reported outstanding senior secured debt of $2.8 million as of Sept. 30. The small remaining balance will be repaid by April 1, the company said.

This entry was posted on Friday, December 19th, 2008 at 1:17 pm by Allan Drury. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Corporate doings

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