Lördag 19 April | 15:28:42 Europe / Stockholm

Kalender

Est. tid*
2025-06-09 N/A Årsstämma
2025-04-03 - X-dag kvartalsutdelning BPCR 1.301282
2025-01-30 - X-dag kvartalsutdelning BPCR 1.383515
2025-01-30 - X-dag bonusutdelning BPCR 0.903087
2024-09-26 - X-dag kvartalsutdelning BPCR 1.31985
2024-09-26 - X-dag bonusutdelning BPCR 1.53793
2024-07-04 - X-dag kvartalsutdelning BPCR 1.322405
2024-03-28 - X-dag kvartalsutdelning BPCR 1.374852
2024-02-15 - X-dag kvartalsutdelning BPCR 1.358
2024-02-15 - X-dag bonusutdelning BPCR 0.937354
2023-12-07 - X-dag kvartalsutdelning BPCR 1.35317
2023-12-07 - X-dag bonusutdelning BPCR 1.54648
2023-08-17 - X-dag kvartalsutdelning BPCR 1.35702
2023-04-27 - X-dag kvartalsutdelning BPCR 1.36934
2023-03-30 - X-dag kvartalsutdelning BPCR 1.38299
2023-03-30 - X-dag bonusutdelning BPCR 1.247935
2022-10-20 - X-dag kvartalsutdelning BPCR 1.507065
2022-10-20 - X-dag bonusutdelning BPCR 3.87531
2022-08-25 - X-dag kvartalsutdelning BPCR 1.475338
2022-05-05 - X-dag kvartalsutdelning BPCR 1.389007
2022-03-03 - X-dag kvartalsutdelning BPCR 1.305552
2021-11-18 - X-dag kvartalsutdelning BPCR 1.302962
2021-08-19 - X-dag kvartalsutdelning BPCR 0.017216
2021-06-03 - X-dag kvartalsutdelning BPCR 0.0175
2021-03-18 - X-dag kvartalsutdelning BPCR 0.0175
2021-03-18 - X-dag bonusutdelning BPCR 0.002901
2020-11-19 - X-dag kvartalsutdelning BPCR 0.0175
2020-11-19 - X-dag bonusutdelning BPCR 0.0001
2020-08-20 - X-dag kvartalsutdelning BPCR 0.017662
2020-05-21 - X-dag kvartalsutdelning BPCR 0.0167
2020-02-27 - X-dag kvartalsutdelning BPCR 0.017225
2020-02-27 - X-dag bonusutdelning BPCR 0.012599
2019-11-14 - X-dag kvartalsutdelning BPCR 0.01703
2019-08-15 - X-dag kvartalsutdelning BPCR 0.0175
2019-05-23 - X-dag kvartalsutdelning BPCR 0.017186
2019-02-28 - X-dag kvartalsutdelning BPCR 0.017363
2019-02-28 - X-dag bonusutdelning BPCR 0.001761
2018-11-01 - X-dag kvartalsutdelning BPCR 0.0175
2018-08-30 - X-dag kvartalsutdelning BPCR 0.0175
2018-05-31 - X-dag kvartalsutdelning BPCR 0.0134
2018-03-08 - X-dag kvartalsutdelning BPCR 0.01
2018-03-08 - X-dag bonusutdelning BPCR 0.011
2017-12-14 - X-dag kvartalsutdelning BPCR 6.2e-05
2017-12-14 - X-dag bonusutdelning BPCR 0.009938
2017-09-28 - X-dag bonusutdelning BPCR 0.01
2025-04-02 15:35:04

2 April 2025

BioPharma Credit plc

(the "Company")

biogen settlement

BioPharma Credit PLC (LSE: BPCR), the specialist life sciences debt investor, is pleased to announce it has received a US$8.25 million settlement payment from Biogen Inc. ("Biogen"), representing the Company's portion of the US$16.5 million settlement agreement entered into with Biogen (the "Settlement Agreement").

In May 2023, the Company entered into a loan agreement alongside a private fund also managed by Pharmakon Advisors, LP (the "Private Fund") with Reata Pharmaceuticals, Inc. ("Reata"), which was subsequently acquired by Biogen in September 2023.  In April 2024, the Company and the Private Fund filed a lawsuit in New York courts against Biogen and Reata with respect to a dispute about fees payable under the terms of the loan agreement.  The Settlement Agreement represents the final resolution of this dispute.  Assuming approximately $1.25 million in legal and other related expenses payable by the Company, the Company expects an additional net US$7 million in revenue from this settlement payment.

Enquiries:

BioPharma Credit plc

via MUFG Corporate Governance Limited

Company Secretary

+44 (0) 333 300 1932

Burson Buchanan

Mark Court / Jamie Hooper / Henry Wilson / Samuel Adams

+44 (0)20 7466 5000

[email protected]

Notes to Editors:

BioPharma Credit PLC is London's only specialist debt investor to the life sciences industry and joined the LSE in March 2017. BioPharma Credit PLC seeks to provide long-term shareholder returns, principally in the form of sustainable income distributions from exposure to the life sciences industry. BioPharma Credit PLC seeks to achieve this objective primarily through investments in debt assets secured by royalties or other cash flows derived from the sales of approved life sciences products.