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Amryt Pharma raises $40M in private placement from new and existing specialist biotech investors

Amryt Pharma PLC (NASDAQ:AMYT) (LON:AMYT) CEO Joe Wiley tells Proactive the group has raised $40M from leading biotech investors in a private placement, with a tranche of the proceeds being used to in-license or invest in rare disease technologies.

Wiley says investors include Stonepine Capital, Aquilo Capital Management, Amati Global Investors, Athyrium Capital Management, and Highbridge Capital Management. What's more, the firm has received marketing approval from the authorities in Brazil for its specialist cholesterol drug Lojuxta.

Quick facts: Amryt Pharma PLC

Price: 211 GBX

AIM:AMYT
Market: AIM
Market Cap: £377.27 m
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Amryt Pharma reports record Q3 2020 results, delivering 19% year on year growth

Amryt Pharma's LON:AMYT) Joe Wiley talks to Proactive New York's Christine Corrado about their latest record Q3 2020 Results. The results have lead to the full year guidance being raised which Wiley puts down to two launched commercial assents, metreleptin and lomitapide. Wiley talks...

on 11/05/2020

2 min read