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Finance Watch: Verona Accesses Up To $650m As Ensifentrine Approval Deadline Nears

Firm’s Second Big Financing In 2024

Executive Summary

Public Company Edition: Verona Pharma arranged up to $400m in new debt and up to $250m in revenue-related financing ahead of its COPD drug launch. Also, Organon, Sobi and Pacira priced $1bn, $275.1m and $250m note sales, respectively. Marinus, Emergent and Ginkgo cut jobs.

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