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Cipher Pharmaceuticals Inc.

10:35 AM EST - Cipher Pharmaceuticals Inc. : Has entered a new three-year, $20-million U.S. senior secured term credit facility with Canadian Imperial Bank of Commerce. The proceeds will be used to fully repay the remaining balance on the senior secured notes with investment funds managed by Athyrium Capital Management. Cipher Pharmaceuticals Inc.
shares T.CPH are trading up $0.16 at $4.66.