debt
confidence high
sentiment neutral
materiality 0.55
TriSalus draws $10M from OrbiMed credit facility upon hitting $30M revenue milestone
TriSalus Life Sciences, Inc.
- $10 million drawdown under $50M credit agreement with OrbiMed triggered by achievement of $30M trailing 12-month product revenue milestone as of Jan 31, 2025.
- Total drawn under the facility now $35 million; $15 million remains available.
- Proceeds provide additional liquidity for ongoing operations and development programs.