NEED:
This pre-profit public biotech company needed $17.3 million in specialized laboratory equipment to continue research and discovery for cancer and infectious disease treatments.
SOLUTION:
Although the company had an accumulated deficit of over $2 billion, VFI was able to structure a lease that allowed them to secure this much-needed equipment and continue their important research.
BENEFITS:
By using a lease structure, the lessee was able to preserve precious working capital, yet still acquire these assets.
