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Amicus Therapeutics secures $430M from Blackstone in financing agreement

cafead

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Staff member
  • cafead   Oct 03, 2023 at 10:12: AM
via Amicus Therapeutics announced Tuesday that it has entered into a definitive agreement with Blackstone for a $430 million financing collaboration.

As part of the agreement, Blackstone is providing the biotech with a $400 million senior secured term loan facility as well as a $30 million investment in Amicus common stock.

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