Long Island, NY. Nixon Peabody LLP advised pharmaceutical manufacturing company Time-Cap Labs, Inc. (Time-Cap Labs) in connection with a $10M credit facility through the State Bank of India’s New York branch.
Time-Cap Labs is known for its innovations in tablet coating for delayed and sustained release dosages. The company’s portfolio of tablet coating includes analgesic, cough and cold medications, laxatives and supplements, among other over-the-counter and prescription medications. Based in New York, Time-Cap Labs works with wholesalers and distributors of all market sizes.
Nixon Peabody’s deal team was led by Corporate partner Allan Cohen and included Real Estate associate Michael Webb.