Clinical-Trial Solutions Provider YPrime Receives $5M Credit Facility from Square 1 Bank

YPrime, a Malvern, PA-based clinical-trial solutions provider, received a $5 million credit facility.

Square 1 Bank, a division of Pacific Western Bank, provided to debt financing.

The company intends to use the proceeds for working capital.

Founded in 2006 by Shawn Blackburn, chief executive officer, YPrime provides Life Science organizations with precision engineered software technology for clinical trials including eCOA, IRT, CTMS and a number of eClinical services.

FinSMEs

14/06/2016

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