NexMed Receives Cash Infusion of $750,000

Full story: Earth Times

NexMed, Inc. , a developer of innovative transdermal products based on the NexACT drug delivery technology, today announced that it raised $750,000 in gross proceeds from the issuance of new convertible notes due December 31, 2011 , which are secured by a mortgage on NexMed's facility in East Windsor, New Jersey.

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