Daily News: September 17, 2013

Monroe Capital Provides Secured Credit to Alora Pharmaceuticals

Monroe Capital announced the funding of a $75 million senior secured credit facility to support the growth of Alora Pharmaceuticals, the parent company of Avion Pharmaceuticals and Acella Pharmaceuticals.

Based in Alpharetta, GA, Alora develops and manufactures pharmaceuticals, including prenatal vitamins, nutraceuticals, dermatologics and innovative products for gastroenterology and endocrinology disorders.