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Theratechnologies, a biopharmaceutical company focused on the development and commercialization of innovative therapies, received a binding commitment with respect to a non-dilutive term loan with an affiliate of Marathon Asset Management for up to $100 million. All dollar amounts are expressed in U.S. dollars, unless otherwise stated.“Through this...
Financing Will Significantly Strengthen the Balance Sheet and Extend Cash Runway Initial Draw of $40 Million Will Retire $30 Million of the Principal...
Marathon Asset Management bolsters health-care team with 2 hires Yuhe Cong was named vice president at Marathon Asset Management. Both are new positions with the credit money manager's health-care team, said Ryan FitzGibbon, spokeswoman for Marathon. They report to Evan Bedil, managing director and head of its health-care practice. The hirings represent Marathon's expansion of its health-care investment team in response to the rapid growth of the health-care sector, a news release from the firm said Thursday. "With an aging population and advances in technology, health-care investing has bee...