Brief: Atara Biotherapeutics Announces $31 Million Royalty Interest Financing Agreement With Healthcare Royalty

Atara Biotherapeutics

20/12/2022 22:21

Dec 20 (Reuters) - Atara Biotherapeutics Inc  ATRA.O :
    * ATARA BIOTHERAPEUTICS ANNOUNCES $31 MILLION ROYALTY
INTEREST
FINANCING AGREEMENT WITH HEALTHCARE ROYALTY
    * ATARA BIOTHERAPEUTICS INC - WILL RECEIVE A $31 MILLION
UPFRONT
PAYMENT FROM HCRX
    * ATARA - HCRX WILL RECEIVE RIGHTS TO SPECIFIED ROYALTIES
AND
MILESTONES UNDER PIERRE FABRE COMMERCIALIZATION AGREEMENT FOR
EUROPE AND OTHER TERRITORIES
    * ATARA BIOTHERAPEUTICS - TOTAL ROYALTIES, MILESTONES
PAYABLE TO
HCRX ARE CAPPED BETWEEN 185 PERCENT AND 250 PERCENT OF TOTAL
INVESTMENT AMOUNT BY HCRX

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