Xechem International’s Subsidiary Receives 2nd Phase Loan Approval from NEXIM Bank

NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Xechem International, Inc. (OTCBB: XKEM) announced today that its subsidiary Xechem Pharmaceuticals Nigeria Ltd. received final approval from the Nigerian Export-Import (“NEXIM”) Bank on March 28, 2007 for an additional loan of N350 Million Naira (approximately $2.6 million US Dollars).

MORE ON THIS TOPIC