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Deerfield provides USD 125m to Tris Pharm as growth capital.

BANKING AND CREDIT NEWS-October 12, 2018-Deerfield provides USD 125m to Tris Pharm as growth capital


Deerfield has announced it provided USD 125 million as debt financing and to provide growth capital to Tris Pharma, Inc., the company said.

This financing allows Tris to expand its branded pharmaceutical portfolio with a particular focus on Attention Deficit Hyperactivity Disorder (ADHD), launch and promote new products and continue development of its drug development platform.

In addition to the financing, Deerfield and Tris plan to enter into a product development agreement to leverage Tris' proprietary drug delivery technology.

Deerfield is an investment management firm committed to advancing healthcare through investment, information and philanthropy.

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Publication:M2 Banking & Credit News (BCN)
Date:Oct 12, 2018
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