Soleno Therapeutics secures $200M financing to advance Prader-Willi syndrome treatment.

Soleno Therapeutics has secured a $200 million debt financing deal with Oxford Finance LLC to support its commercial launch plans for treating Prader-Willi syndrome. The deal includes an initial $50 million draw, with additional funds contingent on FDA approval and commercial milestones. This financing boosts Soleno’s cash reserves to $334.7 million, enhancing its ability to develop and commercialize its lead candidate, DCCR.

3 months ago
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