Homedco
This article was originally published in The Gray Sheet
Executive Summary
Adds $75 mil. loan facility "solely for acquisitions" to its existing credit agreement which now stands at $250 mil. Since December 1993, the Fountain Valley, California home health care services provider has acquired 11 companies that produce annualized revenues of $24 mil. The financing was provided by Banque Paribas and "a syndicate of 11 banks"
You may also be interested in...
Biogen Sees Improving Momentum In Slow Leqembi Launch
Sales of the company’s new drugs have a lot of growing to do to make up for older products’ declines, but Biogen highlighted signs of strength for new launches in its Q1 report.
Vivalink Partners With Rett Syndrome Research Trust To Accelerate Research In Rare Disease
Vivalink will provide ECG wearable technology to monitor patients in RSRT’s Vibrant study, which is aimed at assessing autonomic dysfunction in children with Rett syndrome.
Cidara Offloads Rezzayo, Will Focus On Universal Flu Preventative
Cidara conferred global rights to its novel antifungal to marketing partner, Mundipharma, while reacquiring a flu prophylaxis it licensed to J&J in 2021 and gaining $240m in new funding to back development.