Back

Latham & Watkins Advises on Viridian Therapeutics’ up to US$300 Million Credit Upsizing With Hercules Capital and Related US$300 Million Royalty Financing With DRI Healthcare

Viridian Therapeutics, Inc. (NASDAQ: VRDN), a biotechnology company focused on discovering, developing, and commercializing potentially best-in-class medicines for serious and rare diseases, has announced it entered into a secured debt facility upsizing with Hercules Capital and royalty financing agreement with DRI Healthcare, and accelerated its timelines for the submission of the veligrotug BLA and the topline clinical data readouts of its VRDN-003 REVEAL trials in patients with thyroid eye disease (TED).

Latham & Watkins LLP represents Hercules in the transaction with a deal team led by partners Dan Van Fleet and Haim Zaltzman with counsel Emily Yu and associates Hyunji Lee and Scott Natsuhara. Advice was also provided on tax matters by partner Eric Cho; and on converts matters by partner Eric Rice.

LEGAL DESIRE NEWSLETTER

Where the legal industry reads first.

Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.

No spam. Unsubscribe anytime.

From Legal Desire

Is your firm the one being cited, or the one being skipped?

We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.

Lawyers and firms: get featured on Legal Desire

Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.

Get featuredSubmit a press release
See the full deal record on DealDatabase
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
Legal Desire Press
https://legaldesire.com/about-us/
Our editorial team that covers judgments, deals, law firm updates, careers and policy across the globe. Coverage is editorially independent; sponsored posts are labeled Partner Content.