$KMPH.... good news
Corium Secures $235 Million in Debt Financing
Proceeds to be Used to Commercialize AZSTARYS™ (serdexmethylphenidate [SDX] and dexmethylphenidate [d-MPH]) (CII) and Advance Pipeline
NEWS PROVIDED BY
Corium, Inc.
Sep 27, 2021, 08:00 ET
BOSTON, Sept. 27, 2021 /PRNewswire/ -- Corium, Inc. (Corium), a commercial-stage biopharmaceutical company leading the development and commercialization of novel central nervous system (CNS) therapies, today announces that it has closed on a $235 million term loan agreement with Hercules Capital, Inc. (NYSE: HTGC), a leader in specialty financing for life science and technology companies. Corium will receive an initial tranche of $100 million, and the remaining funds will be available in three additional tranches upon the achievement of c
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