Wednesday, August 24, 2011
Inogen Gets Debt Financing
Santa Barbara-based Inogen, a manufacturer of oxygen therapy products for the home healthcare industry, has scored a $6M credit facility, according to Square 1 Bank. Terms of the credit facility were not announced. Inogen develops home oxygen concentrators, which are used to supply oxygen to patients with pulmonary diseases such as COPD, who otherwise would need to use oxygen canisters.