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0.232673267326733 0.113861386138614 0.0396039603960396 0.0594059405940595 0.0297029702970297 0.0321782178217822 0.00247524752475264 0.00247524752475264
Stock impact report

Nuvation Bio Secures Up to $250 Million in Non-Dilutive Financings from Sagard Healthcare Partners

Nuvation Bio Inc. Class A (NUVB) 
Company Research Source: Business Wire
Nuvation Bio to receive $150 million in royalty interest financing and $50 million in debt upon U.S. FDA approval of taletrectinib, with access to additional $50 million in debt at the Company’s optionProceeds from the royalty interest financing expected to fully fund U.S. commercial launch of taletrectinibPro forma cash balance expected to fully fund development of current clinical-stage pipeline and create a path to potential profitability without the need for additional fundraising; improves flexibility for opportunistic capital deployment NEW YORK--(BUSINESS WIRE)--Nuvation Bio Inc. (NYSE: NUVB), a global biopharmaceutical company tackling some of the greatest unmet needs in oncology, today announced non-dilutive financings of up to $250 million with Sagard Healthcare Partners (Sagard). The transaction comprises a royalty interest financing of $150 million and a senior term loan of up to $100 million. These financings strengthen Nuvation Bio’s balance sheet to fully fund commer Show less Read more
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