Financing, Pharma

Supernus pharma raises $30 million by royalty financing

Posted on 09 July 2014

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Supernus Pharmaceuticals announced the execution of a royalty financing agreement with HealthCare Royalty Partners.

HC Royalty will make a $30 million cash payment to Supernus in consideration for acquiring from Supernus certain royalty and milestone rights related to the commercialization of Orenitram (treprostinil) Extended-Release Tablets by Supernus' partner United Therapeutics Corporation.

Supernus will retain full ownership of the Royalty Rights after a certain threshold has been reached per the terms of the Agreement.

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