DRI Healthcare Trust DHT.U
TSX · Canada · Miscellaneous
$12.790.00 (0.00%)
Market closed· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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DRI Healthcare Trust (TSX: DHT.UN) (TSX: DHT.U) ("DRI Healthcare") today commented on the U.S. Food and Drug Administration's ("FDA") recently announced approval of Juvmo (tavapadon) for the treatment of motor symptoms that occur in Parkinson's disease. Juvmo (tavapadon) is a novel selective dopamine D1/D5 receptor partial agonist developed as a once-daily oral treatment for Parkinson's disease, for use both with and without levodopa.
DRI Healthcare Trust (TSX: DHT.UN) (TSX: DHT.U) ("DRI Healthcare") today announced that it has entered into purchase agreements to acquire certain royalty participation rights in U.S. net sales of tavapadon from funds managed by Bain Capital ("Bain") and NovaQuest Capital Management ("NovaQuest"). The transaction is expected to close following approval of tavapadon by the U.S. Food and Drug Administration ("FDA") and the satisfaction of other customary closing conditions.
DRI Healthcare Trust (TSX: DHT.UN) (TSX: DHT.U) ("DRI Healthcare") today announced that it has received the Put Price of approximately US$178 million in connection with its previously announced exercise of the contractual put option with respect to its royalty participation right in EKTERLY (the "Put Option").
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