Shares of Discovery Labs Rally Sharply as Co. Receives $30M Funding Commitment from Deerfield

Discovery Laboratories, Inc.

yesterday after the close announced that it has entered into a secured loan facility with Deerfield Management Company, L.P. (Deerfield) for up to $30.0 million in financing.  Deerfield is a leading healthcare investment firm with more than $3.5 billion of assets currently under management.  The stock is up nearly 22 percent at last check.