LONDON (Alliance News) - BioPharma Credit PLC said Monday it has funded, alongside other investors, the USD200 million second tranche of a USD500 million loan to TESARO Inc.
The company funded USD100 million and assigned its remaining USD48 million second tranche commitment to other investors.
The company's total investment in the TESARO loan of USD322 million across both tranches.
BioPharma shares were untraded at 1.05 pence each.
Biopharma Cred. (BPCR)