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NovaSom obtains financing

July 9, 2014HME News Staff

DURAM, N.C. - NovaSom has secured a $7.5 million line of credit from Square 1 Bank to further its foothold in the sleep market. “After being vetted and approved through Square 1's diligence process, management's vision and plans to move into its next phase of development are validated,” said CEO John Spitznagel in a press release. NovaSom manufactures AccuSom, a home sleep test.

Home Sleep Testing, John Spitznagel, NovaSom