BridgeBio Pharma Inc. Enters $300 Million Royalty Financing Agreement with Acoramidis Royalty SPV, LP and LSI Financing Fund, LP

Reuters
07-02
<a href="https://laohu8.com/S/BBIO">BridgeBio Pharma</a> Inc. Enters $300 Million Royalty Financing Agreement with Acoramidis Royalty SPV, LP and LSI Financing Fund, LP

BridgeBio Pharma Inc. has entered into a significant financial agreement involving the sale of royalty interests. On June 27, 2025, BridgeBio and its subsidiary Eidos Therapeutics, Inc. finalized a Royalty Interest Purchase and Sale Agreement with Acoramidis Royalty SPV, LP and LSI Financing Fund, LP. This agreement involves Eidos selling certain royalty payment rights from net sales of products containing acoramidis in the European Union and related territories. In exchange, the purchasers have agreed to pay Eidos $300 million in cash. The purchasers' rights are capped annually at 60% of royalty payments from Bayer and include an initial hard cap of 145% of the purchase price. This arrangement is secured by specific assets and includes standard representations, warranties, and indemnification obligations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BridgeBio Pharma Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-024413), on July 02, 2025, and is solely responsible for the information contained therein.

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