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Biohaven secures US$600 million in non-dilutive funding to enhance its cash runway and clinical programs, while also reducing R&D spending by 60%. This funding will aid its evolution into a multi-franchise biopharma.

PUBLIC · BHVNMar 01, 2026

Amount Raised

$600 Million

Round Type

Debt Financing

New HavenBiotechnologyHealth CareTherapeutics

Investors

Oberland Capital

Description

Biohaven recently secured a US$600 million non-dilutive funding agreement with Oberland Capital and significantly reduced R&D spending by about 60%. This combination aims to extend its cash runway and support its clinical programs in neurology, immunology, and oncology. The funding highlights Biohaven’s strategy to evolve into a multi-franchise biopharma while limiting shareholder dilution. It also raises questions about how the R&D cuts will affect the pace of key trials.

Quick answer

Biohaven raised $600 Million in a Debt Financing round, dated March 1, 2026. Investors: Oberland Capital. Biohaven is based in New Haven, Connecticut, United States.

How much did Biohaven raise?
Biohaven raised $600 Million in a Debt Financing round on March 1, 2026.
Who invested in Biohaven?
Oberland Capital is named as investors in this round.
What does Biohaven do?
Biohaven is a commercial-stage biopharmaceutical company with a portfolio of innovative, best-in-class therapies to improve the lives of patients with debilitating neurological and neuropsychiatric diseases, including..
Where is Biohaven based and how big is it?
Biohaven is based in New Haven, Connecticut, United States. Fundz records about 280 employees.
Who are the decision-makers at Biohaven?
Fundz holds 4 contacts at Biohaven, including the CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

Companies in the same sectors as Biohaven that raised within 45 days of this round, from Fundz verified event records.

  • Sparian Biosciences raised $15M (Grant) on April 13, 2026.
  • Sidewinder Therapeutics raised $137M (Series B) on April 8, 2026.
  • Marvel Biosciences raised an undisclosed amount (Funding Round) on April 7, 2026.
  • TransCode Therapeutics raised $20M (Funding Round) on April 7, 2026.
  • TippingPoint Biosciences raised $4.5M (Seed) on March 31, 2026.
  • Denali Therapeutics raised $200M (Debt Financing) on March 31, 2026.

Who to call at Biohaven, and when

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Company Information

Company

Biohaven

Location

New Haven, Connecticut, United States

About

Biohaven is a commercial-stage biopharmaceutical company with a portfolio of innovative, best-in-class therapies to improve the lives of patients with debilitating neurological and neuropsychiatric diseases, including rare disorders. Biohaven’s Neuroinnovation™ portfolio includes FDA-approved NURTEC® ODT (rimegepant) for the acute and preventive treatment of migraine (EMA-approved as Vydura® for the acute treatment of migraine with or without aura, and prophylaxis of episodic migraine in adults who have at least four migraine attacks per month) and a broad pipeline of late-stage product candidates across five distinct mechanistic platforms: CGRP receptor antagonism for the acute and preventive treatment of migraine; glutamate modulation for obsessive-compulsive disorder, and spinocerebellar ataxia; myeloperoxidase (MPO) inhibition for amyotrophic lateral sclerosis; Kv7 ion channel activators for focal epilepsy and neuronal hyperexcitability, and myostatin inhibition for neuromuscular diseases. More information about Biohaven is available at www.biohavenpharma.com and NURTEC® ODT at www.nurtec.com.

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Related People

4 contacts
Verified contactsVlad C., CEO hidden hidden hiddenSee plans and pricing
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