Transaction

• In April 2010, Entelos, Inc. completed an exchange and restructuring of its senior secured debt with Imperium Partners Group.
• Entelos shareholders approved the exchange of senior secured debt for preferred equity and a new senior secured note.
• Seven Hills provided advice to Entelos on the restructuring of the debt and negotiations with Imperium Partners.

Companies

• Entelos is a life sciences technology company applying next-generation predictive technologies across different markets.
• The Company’s PhysioLab technology is predictive, enabling a broad set of applications in R&D, healthcare, and finance.
• Its "virtual human" technology, and toxicology reference systems also assist clients develop safer and more effective drugs.

Result

• Successfully negotiated and closed restructuring of the Company's senior secured debt.