Akin Advises Pharmakon in $100 Million Debt Financing for Paratek Pharmaceuticals and Radius Health Combination
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Akin Advises Pharmakon in $100 Million Debt Financing for Paratek Pharmaceuticals and Radius Health Combination

akingump
3 months ago
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(New York and Boston) – Akin advised Pharmakon Advisors, LP and its affiliated funds in a new $100 million investment to fund the completion of the combination of Paratek Pharmaceuticals, Inc. (Paratek) with Radius Health, Inc. (Radius Health). The investment by Pharmakon replaces a $50 million previous investment in Paratek, which was repaid entirely by the new financing. Radius Health and Paratek are backed by B-Flexion Life Sciences. The combined company is expected to generate revenue of aro...

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