Soleno Therapeutics Enters Into $200 Million Debt Financing with Oxford Finance LLC

Soleno Therapeutics Enters Into $200 Million Debt Financing with Oxford Finance LLC

12/17/24, 9:11 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgredwood city
Money
$200 million
Industry
pharmaceutical manufacturing
Type
partnership
Soleno Therapeutics, Inc. has entered into a loan and security agreement with Oxford Finance LLC and its affiliates for up to $200 million. This financing significantly strengthens their financial position, providing additional support for anticipated commercial launch activities.

Company Info

Company
Soleno Therapeutics
Location
redwood city, california, united states
Additional Info
At Soleno, we are researching and developing medicines to treat rare genetic disorders, beginning with Prader-Willi syndrome (PWS), a life-threatening neurobehavioral, metabolic and endocrine disorder characterized by hyperphagia (insatiable hunger), neurocognitive and behavioral difficulties. Our lead candidate, DCCR, is a Phase 3, once-daily oral tablet under investigation as a potential treatment for PWS. Our priority is to bring the first approved treatment to patients to manage the most burdensome aspects of this devastating disorder.

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