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Exelixis signs debt deal with Deerfield; expired

Executive Summary

Under a facility it is setting up with several funds of the investment group Deerfield Management, Exelixis (clinical-phase cancer candidates) has the option to borrow up to $150mm at 6.75% over the next 18 months.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Withdrawn
Deal Type
  • Financing
    • Private Placement
    • Other
    • Convertible Debt

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