Merchant Banking

NPS Pharmaceuticals - Nycomed
NPS Pharmaceuticals is a NASDAQ listed company based in New Jersey, developing specialty therapeutics for gastrointestinal and endocrine disorders.Nycomed is a privately owned, European specialty pharmaceuticals company with a strategy of licensing new medicines from research companies and introducing them to Europe
Burrill & Company’s Role
Burrill was retained as an exclusive advisor to NPS to assist in strategic partnering alternatives and creative financing given the large convertible debt overhangBurrill and NPS successfully closed on:
- A co-development and commercialization partnership for Gattex for all territories outside North America for $185m
- A Drug Royalty Deal for $75m
