In a significant financial development, BioPharma Credit (BPCR) has formed a strategic alliance with Tarsus Pharmaceuticals by extending a substantial $100 million loan to the biopharmaceutical company. This partnership underscores the increasing trend of direct lending in the specialized sector of
Venture capital investments in the biotech industry saw remarkable growth in 2024, reflecting heightened innovation and advancement. The updated Fierce Biotech Fundraising Tracker now reports on all investment rounds over $50 million, showcasing increased investor confidence in groundbreaking
In a decisive response to safeguard the stability of the financial system, the United States government has stepped forward with a bold assurance directed at customers of the recently collapsed Silicon Valley Bank (SVB). Officials have made a clear commitment that starting Monday, those affected
The National Institute for Innovation in Manufacturing Biopharmaceuticals (NIIMBL) has recently announced an ambitious new program, Project Call 7.1, to stimulate advancement in biopharmaceutical production and broaden workforce capabilities. With a funding pool of around $10 million, NIIMBL plans
Battling the scourge of cancer remains a critical challenge in healthcare, particularly in catching the disease in its nascent stages when treatment options have a higher chance of success. The fight has been significantly strengthened at the University of Cambridge, thanks to a substantial £11
Strategic Financial Undertaking by Matinas BioPharma Matinas BioPharma Holdings, Inc. has embarked on a crucial growth plan with its recent $10 million direct offering. Such a financial move is a testament to the company's dedication to securing necessary capital for advancement. The offering
