---
title: "NutriBand Secures Amended Three-Year $5 Million Credit Line at 7% to Support AVERSA"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290434310.md"
description: "NutriBand secured an amended three-year, $5 million credit line at 7% interest to fund the AVERSA fentanyl transdermal system through FDA approval and commercial manufacturing. This facility replaces a prior expiring agreement, enhancing liquidity for product development without allowing conversion to common stock."
datetime: "2026-06-22T12:13:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290434310.md)
  - [en](https://longbridge.com/en/news/290434310.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290434310.md)
generator: "portal-rs"
---

# NutriBand Secures Amended Three-Year $5 Million Credit Line at 7% to Support AVERSA

NutriBand entered into an amended three-year $5.0 million credit line to support its AVERSA fentanyl transdermal system through FDA approval and into commercial-scale manufacturing. The facility bears interest at 7% per annum and does not allow conversion of outstanding amounts into common stock. The agreement replaces a prior $5.0 million facility that was scheduled to expire on July 13, 2026, enhancing liquidity for product development and launch.

**Agreement details:**

-   **Agreement type**: Amended three-year $5 million credit line facility at 7% interest
-   **Signed / Effective**: Jun 01 2026 / same
-   **Duration / Termination**: 3 years
-   **Reason**: Fund AVERSA through FDA approval and commercialization

Original SEC Filing: NutriBand Inc. \[ NTRB \] - 8-K - Jun. 22, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**