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Disc Medicine Secures $200 Million Non-Dilutive Debt Financing from Hercules Capital, Inc.
Nov 08, 2024
Contract Type
partnership
WatertownBiotechnologyHealth CareTherapeuticsPharmaceuticalBiopharmaDescription
Disc Medicine, Inc. has announced the securing of a $200 million non-dilutive term loan facility from Hercules Capital, Inc. to support anticipated key catalysts, including the expected initiation of a confirmatory study of bitopertin in erythropoietic protoporphyria (EPP) and other important studies.
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Agreement Insights
What this usually meansStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Disc signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.
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