Monroe Capital Provides $20 Million Credit Facility To Cytovance Biologics Inc.

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a $20 million senior credit facility to support the growth of Cytovance Biologics, Inc. (“Cytovance”) by private equity sponsor, Great Point Partners. Based in Oklahoma City, Oklahoma, Cytovance is a contract manufacturing organization (“CMO”) of mammalian and microbial biologics. The company works with biotechnology and pharmaceutical companies in the development and manufacturing of proteins, antibodies, and cell-based therapeutic products. Cytovance supports its customers from clinical development to commercial launch in domestic and international markets.

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