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20:22
Esperion Therapeutics Inc. (ESPR) has entered into a new financial arrangement with the Athyrium Fund.
According to the terms of the agreement, the Athyrium Fund will have the right to receive tiered royalties based on Esperion's net sales, with rates ranging from 12% to 33%. In addition, the Athyrium Fund will also be eligible for a series of milestone payments. These financial benefits will continue to accrue until the Athyrium Fund achieves a total return equal to 2.0 times its initial investment.
20:22
Athyrium Capital Management and Esperion Therapeutics Inc. (NASDAQ: ESPR) have signed a Japanese royalty financing agreement worth $50 million
This financing aims to provide funding support for Esperion Therapeutics' strategic acquisition of Corstasis Therapeutics.
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