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X4 Pharmaceuticals secures up to $150 million senior debt facility with K2 HealthVentures to strengthen financial flexibility and support corporate activities.
Amount Raised
$80 Million
Round Type
Venture
BostonBiotechnologyHealthcareInvestors
Description
X4 Pharmaceuticals has announced a senior secured term loan facility of up to $150 million with K2 HealthVentures. The first tranche of $80 million has funded to pay off prior obligations under an existing loan. The new facility aims to support corporate activities, including the future commercial launch of mavorixafor. This partnership enhances X4's financial position as it approaches key developmental milestones.
Fundz sees it the moment X4 Pharmaceuticals raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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X4 Pharmaceuticals raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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