Visit our new Alternative Investment section.Click here

Less Ads, More Data, More Tools Register for FREE

Biopharma Credit notes Archimed to buy Esperion for USD1.1 billion

Tue, 05th May 2026 09:57

(Alliance News) - Biopharma Credit PLC on Tuesday noted that investment firm Archimed will acquire Esperion Therapeutics.

Biopharma Credit, a London-based closed-ended investment company focused on life sciences industry, said the transaction is valued at up to about USD1.1 billion in total equity value on a fully diluted basis, assuming full achievement of some commercial-based milestones.

Biopharma Credit said it alongside BioPharma Credit Investments V Master LP provided committed financing to Archimed of up to USD400 million. Biopharma Credit's allocation of such commitment will be between USD78 million and USD120 million, it said.

Biopharma Credit said Esperion expects the acquisition to close in the third quarter of 2026.

Biopharma Credit shares rose 0.7% to 70.01 pence each on Tuesday morning in London.

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Small Cap Corporate News Finance and Instruments Funds Biopharma Cred.

Shares in this article

Related News

IN BRIEF: Smith & Nephew to unveil new wound care systems
5 hours ago

IN BRIEF: Smith & Nephew to unveil new wound care systems

Smith & Nephew PLC - Watford, England-based medical equipment and devices company - Plans showcase two new wound care innovations at the upcoming Euro...

StoneX withdraws CAB Payments bid after failing to win Helios support
7 hours ago

StoneX withdraws CAB Payments bid after failing to win Helios support

(Alliance News) - StoneX Group Inc on Tuesday said it does not intend to proceed to make an offer for CAB Payments Holdings PLC after failing to recei...

EARNINGS AND TRADING: RWS agrees to acquire IP platform Obviously
8 hours ago

EARNINGS AND TRADING: RWS agrees to acquire IP platform Obviously

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately report...