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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: 0.878
Bid: 0.876
Ask: 0.88
Change: 0.002 (0.23%)
Spread: 0.004 (0.457%)
Open: 0.88
High: 0.88
Low: 0.874
Prev. Close: 0.876
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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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Date   Source Headline
16th Sep 20207:05 amRNSAppointment of New Director
16th Sep 20207:00 amRNSHalf-year Report
9th Sep 20204:00 pmRNSLEXICON PHARMACEUTICALS PREPAYMENT
21st Aug 20204:00 pmRNSNet Asset Value(s) and Monthly Factsheet
18th Aug 20203:25 pmRNSNotice of Half Year Results
12th Aug 20203:30 pmRNSDividend Declaration
7th Aug 20207:00 amRNSUPDATES TO THE PORTFOLIO
4th Aug 20204:30 pmRNSHolding(s) in Company
4th Aug 202011:15 amRNSHolding(s) in Company
3rd Aug 20201:15 pmRNSTotal Voting Rights
30th Jul 20204:00 pmRNSSTATEMENT REGARDING LEXICON PHARMACEUTICALS
24th Jul 20203:15 pmRNSHolding(s) in Company
21st Jul 20204:00 pmRNSNet Asset Value(s) and Monthly Factsheet
21st Jul 20207:00 amRNSAMICUS PREPAYMENT
16th Jul 20207:00 amRNSCOMPLETION OF SHARE BUYBACK PROGRAMME
15th Jul 20205:30 pmRNSTransaction in Own Shares
14th Jul 20205:30 pmRNSTransaction in Own Shares
13th Jul 20205:45 pmRNSTransaction in Own Shares
13th Jul 20207:00 amRNSSHARE BUY-BACK PROGRAMME
9th Jul 20205:45 pmRNSDirector/PDMR Shareholding
25th Jun 20203:00 pmRNSResult of AGM
22nd Jun 20207:00 amRNSNet Asset Value(s) and Monthly Factsheet
22nd Jun 20207:00 amRNSActivation of Discount Control Mechanism
19th Jun 20204:30 pmRNSChange of AGM Venue
29th May 20205:30 pmRNSNotice of AGM
28th May 20205:30 pmRNSHolding(s) in Company
26th May 20207:00 amRNSNEW CREDIT FACILITY
22nd May 20204:00 pmRNSNet Asset Value(s) and Monthly Factsheet
14th May 20203:00 pmRNSDividend Declaration
7th May 20205:30 pmRNSDate of Annual General Meeting
27th Apr 202012:30 pmRNSArticles of Association
23rd Apr 20204:00 pmRNSNet Asset Value(s) and Monthly Factsheet
22nd Apr 202012:30 pmRNSDirector/PDMR Shareholding
23rd Mar 20205:40 pmRNSHolding(s) in Company
20th Mar 20204:00 pmRNSNet Asset Value(s) and Monthly Factsheet
10th Mar 20202:00 pmRNSREPLACEMENT: Annual Financial Report
10th Mar 20207:00 amRNSAnnual Financial Report
21st Feb 20204:00 pmRNSNet Asset Value(s) and Monthly Factsheet
20th Feb 20205:00 pmRNSDividend Declaration
17th Feb 202010:10 amRNSNotice of Full Year Results
7th Feb 20207:00 amRNSNEW INVESTMENT
27th Jan 20204:48 pmRNSHolding(s) in Company
22nd Jan 20204:00 pmRNSNet Asset Value(s)
20th Dec 20194:00 pmRNSNet Asset Value(s)
18th Dec 201912:15 pmRNSNew Investment
13th Dec 20192:01 pmRNSCorrection: New Investment
13th Dec 20191:35 pmRNSNew Investment
12th Dec 20192:15 pmRNSHolding(s) in Company
21st Nov 20194:00 pmRNSNet Asset Value(s)
13th Nov 20197:00 amRNSNew Investments
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