MDRejuvena, Inc., a San Diego, Ca.-based company focused on the licensing, development and commercialization of products for skin health for the professional physician-dispensed market in the U.S. and internationally, received a $3m senior secured term loan.
Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, provided the financing.
The company will use the funds to continue to build our business, expand sales force into new markets, and commercialize its Rejuvaphyl™.
Rejuvaphyl is the MDRejuvena brand of skincare products that contain the proprietary and patented ingredient Phytochromatic MD™ Complex, a naturally-derived, plant-based ingredient clinically proven to provide a number of important skincare benefits.
The company is led by David F. Hale, executive chairman and chief executive officer.