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  2. Share Prices
  3. Biopharma Cred. Share Price
  4. Biopharma Cred. Share Regulatory News
  5. STATEMENT RE IMMUNOGEN, INC.

Pin to quick picksBiopharma Cred. Regulatory News (BPCR)

Biopharma Cred. Information

Share Price Information for Biopharma Cred. (BPCR)

London Stock Exchange
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Share Price: 0.876
Bid: 0.876
Ask: 0.878
Change: -0.004 (-0.45%)
Spread: 0.002 (0.228%)
Open: 0.882
High: 0.882
Low: 0.876
Prev. Close: 0.88
BPCR Live PriceLast checked at -
BioPharma Credit is an Investment Trust

To generate long-term shareholder returns, predominantly in the form of sustainable income distributions from exposure to the life sciences industry.

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STATEMENT RE IMMUNOGEN, INC.

13 Feb 2024 07:00

RNS Number : 9464C
BioPharma Credit PLC
13 February 2024
 

BioPharma Credit PLC

13 February 2024

 

 

 

 

BIOPHARMA CREDIT PLC

 

(THE "COMPANY")

 

STATEMENT RE ImmunoGen, Inc.

 

Pharmakon Advisors, LP, the investment manager of the Company, notes the announcement released 12 February 2024 by AbbVie Inc. ("AbbVie") regarding the completion of its acquisition of ImmunoGen, Inc. ("IMGN") (such acquisition, the "Transaction"). AbbVie and IMGN had previously announced the entering into of a definitive agreement regarding the Transaction on Thursday 30 November 2023.

 

The Company announced on 11 April 2023 an investment in a senior secured loan to IMGN of up to US$62.5 million in up to two tranches. The Company had previously funded the first tranche representing a US$37.5 million investment, which was prepaid upon the closing of the Transaction. The Company received US$50.6 million in total, including $13.1 million of accrued interest, additional consideration, and prepayment and make-whole fees.

 

Enquiries:

BioPharma Credit plc

via Link Company Matters Limited

Company Secretary

+44 (0)1392 477 509

 

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Date   Source Headline
27th Dec 20177:00 amRNSHolding(s) in Company
14th Dec 20176:30 pmRNSResults of Placing
14th Dec 20177:00 amRNSProposed Placing of Shares
13th Dec 20174:00 pmRNSNet Asset Value(s)
11th Dec 20177:00 amRNSPotential Issue of Shares
8th Dec 20175:00 pmRNSNew Investment
7th Dec 20174:45 pmRNSDividend Declaration
5th Dec 20177:00 amRNSNew Acquisition
21st Nov 20174:00 pmRNSNet Asset Value(s)
21st Nov 20171:50 pmRNSAnnouncement of First Major Investment Since IPO
13th Nov 20174:30 pmRNSHolding(s) in Company
20th Oct 20175:00 pmRNSHolding(s) in Company
20th Oct 20174:00 pmRNSNet Asset Value(s)
21st Sep 201710:03 amRNSNet Asset Value(s)
21st Sep 20177:00 amRNSHalf-year Report
24th Aug 20173:15 pmRNSNotice of Results
22nd Aug 20173:22 pmRNSNotice of Results
21st Aug 20174:00 pmRNSNet Asset Value(s)
21st Jul 20174:00 pmRNSNet Asset Value(s)
30th Jun 20174:30 pmRNSReduction of share premium account
19th Jun 20174:00 pmRNSNet Asset Value(s)
22nd May 20174:00 pmRNSNet Asset Value(s)
3rd May 20172:05 pmRNSCorrection: Final Results of Issue
25th Apr 20174:14 pmRNSNet Asset Value(s)
12th Apr 201711:24 amRNSHolding(s) in Company
6th Apr 20176:00 pmRNSCorrection: Total Voting Rights
6th Apr 20173:45 pmRNSHolding(s) in Company
6th Apr 20173:45 pmRNSHolding(s) in Company
5th Apr 20175:30 pmRNSHolding(s) in Company
5th Apr 20174:30 pmRNSHolding(s) in Company
3rd Apr 20173:00 pmRNSTotal Voting Rights
31st Mar 20176:00 pmRNSHolding(s) in Company
31st Mar 20172:15 pmRNSDirector/PDMR Shareholding
31st Mar 20171:45 pmRNSTotal Voting Rights
30th Mar 20171:00 pmRNSDirector/PDMR Shareholding
29th Mar 201711:00 amRNSHolding(s) in Company
29th Mar 201710:30 amRNSDirector/PDMR Shareholding
28th Mar 201710:30 amRNSDirector/PDMR Shareholding
28th Mar 201710:30 amRNSDirector/PDMR Shareholding
28th Mar 201710:30 amRNSDirector/PDMR Shareholding
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