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BRIEF-Recro Pharma secures $100 million credit facility
November 20, 2017 / 12:20 PM / 24 days ago

BRIEF-Recro Pharma secures $100 million credit facility

Nov 20 (Reuters) - Recro Pharma Inc

* Recro Pharma Inc secures $100 million credit facility

* Recro Pharma Inc - ‍has secured a $100 million credit facility from funds managed by Athyrium Capital Management, LP​

* Recro Pharma Inc - ‍proceeds from facility to refinance Recro’s outstanding debt, pay $45 million milestone to alkermes upon approval of iv meloxicam 30mg by FDA​ Source text for Eikon: Further company coverage:

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