Bora Pharmaceuticals Announces Guarantee Balance to Subsidiary Reaches Article 25, Paragraph 1, Subparagraph 3 of the 'Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies'
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Bora Pharmaceuticals announced that its endorsement/guarantee balance for its subsidiary, Upsher-Smith Laboratories, LLC, has reached the threshold specified in Article 25, Paragraph 1, Subparagraph 3 of the 'Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies'. The company newly provided a credit line guarantee for the subsidiary.