About Us

Pharmakon Advisors, LP (“Pharmakon”) is the investment manager of the BioPharma Credit funds. Established in 2009, Pharmakon has raised a total of US$4.9 billion, principally across five private funds and a publicly traded UK Trust. BioPharma Credit PLC (ticker: BPCR.L “BPCR”) was listed on the London Stock Exchange in March 2017 and has raised a total of $1.4 billion in capital. Pharmakon has committed US$9.8 billion across 57 investments in companies in the life sciences.

Senior Management

Pedro Gonzalez De Cosio

Pedro Gonzalez de Cosio
Co-Founder, Principal and CEO

Pablo Legorreta

Pablo Legorreta
Co-Founder and Principal

Martin Friedman

Martin Friedman
Principal

Major Transactions

Click on a transaction in order to view the corresponding press release.*

May 2024

$400,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

April 2024

$200,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

May 2023

$275,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

April 2023

$450,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

April 2023

$125,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

November 2022

$100,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

October 2022

$350,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

March 2022

$200,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

February 2022

$650,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

January 2022

$300,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

December 2021

$125,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

March 2021

$300,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

February 2020

$200,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

December 2019

$250,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

December 2019

$550,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

November 2019

$100,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

November 2019

$220,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-V

September 2019

$150,000,000

Senior Secured Note

Sole Lender

BioPharma PLC & BioPharma-V

May 2019

$80,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC

September 2018

$150,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC

May 2018

$315,000,000

Senior Secured Loan

Lead

BioPharma PLC

February 2018

$150,000,000

Structured Royalty Investment

Sole Lender

BioPharma PLC

December 2017

$150,000,000

Structured Royalty Investment

Marketer

AstraZeneca

Product

Onglyza
Forxiga

Co-Investor

BioPharma PLC

December 2017

$200,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-IV

November 2017

$500,000,000

Senior Secured Loan

Sole Lender

BioPharma PLC & BioPharma-IV

September 2017

$50,000,000

Corporate Loan

Sole Lender

BioPharma-IV

November 2016

Undisclosed

Capped Royalty

Marketer

UCB

Product

Vimpat

Sole Purchaser

BioPharma-IV

January 2016

$150,000,000

Royalty Backed Loan

Marketer

Roche
Baxalta

Product

MabThera SC
Herceptin SC
HyQvia

Lead

BioPharma-IV

December 2015

$175,000,000

Senior Secured Loan

Lead

BioPharma-IV

November 2015

$55,000,000

Senior Secured Loan

Sole Lender

BioPharma-III

March 2015

$575,000,000

Senior Secured Loan

Lead

BioPharma-III

December 2013

$30,000,000

Senior Secured Loan

Marketer

Novartis

Product

Ixiaro

Sole Lender

BioPharma-III

December 2012

$100,000,000

Capped Royalty

Marketer

Amarin

Product

Vascepa

Sole Purchaser

BioPharma-II

November 2012

$30,000,000

Royalty Backed Loan

Marketer

Genentech

Product

Erivedge

Sole Purchaser

BioPharma-II

August 2012

$30,000,000

Capped Royalty

Marketer

Corcept

Product

Korlym

Sole Purchaser

BioPharma-II

August 2012

$78,000,000

Capped Royalty

Marketer

Abbot

Product

Xience

Sole Purchaser

BioPharma-II

June 2010

$100,000,000

Royalty Backed Notes

Marketer

Cubist

Product

Cubicin

Sole Purchaser

BioPharma-I

September 2009

$132,000,000

Royalty Backed Notes

Marketer

Lilly

Product

Cymbalta

Sole Purchaser

BioPharma-I

Press Releases

Latest press releases. Click on a press release to view it in a new window.*

Title Company Date
Novocure Secures New $400 Million Multi-Tranche Non-Dilutive Debt Financing from Pharmakon – Novocure Novocure May 2024
Tarsus Strengthens Financial Position and Refinances Existing Debt with $200 Million Non-dilutive Financing Commitment from Pharmakon Tarsus April 2024
Pharmakon Advisors provides $275 Million Debt Facility to Reata Pharmaceuticals Reata May 2023
BioCryst Refinances Existing Debt with $450 Million Financing Commitment from Pharmakon BioCryst April 2023
ImmunoGen signs loan agreement with Pharmakon for up to $125m ImmunoGen April 2023
Immunocore Reports Third Quarter 2022 Financial Results and Provides Business Update Immunocore Immunocore November 2022
Insmed Announces Strategic Financings Totalling $775 Million Insmed 19 October 2022
UroGen Secures $100 Million Non-Dilutive Term Loan Financing with Pharmakon Advisors Allowing Funding to Cash Flow Breakeven UroGen 8 March 2022
Collegium to Acquire BioDelivery Sciences Broadening Pain Portfolio Collegium 14 February 2022
Coherus BioSciences Secures Credit Financing with Pharmakon Advisors Coherus 7 January 2022

Contact

Pharmakon Advisors,LP
110 East 59th Street #2800
New York, NY 10022

T: (212) 883-1006
E: IR@pharmakonadvisors.com

 

The content of this website is provided by Pharmakon Advisors, LP (“Pharmakon”) and offers information about Pharmakon and its affiliates and a general overview of its investment program. The content of this website is provided for information purposes only. Nothing on this website shall be construed as an offer to sell or a solicitation of an offer to purchase interests in any fund, private, publicly listed or otherwise, managed by Pharmakon, nor do they constitute investment advice. The information contained herein is subject to change without notice.

Please click on a transaction in order to view the corresponding press release.  Nothing in any applicable press release is intended to be, nor should be construed as, a testimonial or endorsement regarding Pharmakon as an investment adviser.  No compensation has been provided to any executives providing statements regarding Pharmakon, but, due to Pharmakon’s client’s investment in the relevant issuers, any statements made regarding Pharmakon in the press release involve an inherent conflict of interest.  To Pharmakon’s knowledge, none of the officers or directors of the borrowers quoted in any applicable press release are clients or investors in funds managed by Pharmakon.

Offers and sales will be made only in accordance with applicable securities laws and pursuant to a confidential private placement memorandum (or similar document) and other applicable fund governing documents, which should be read carefully and in their entirety prior to making an investment. Potential investors should not rely on any of the content of this website in making an investment or other decision but should obtain relevant and specific professional advice.

The content of this website and the investment program or the shares of any company which might be referred to therein are not directed at, or intended for, distribution, directly or indirectly, to any person or entity being a citizen or resident of, or located or established in, any jurisdiction where (i) the use of such websites or the sale of such investment programs would be illegal or would require any registration or licensing not held by Pharmakon, or (ii) to do so would constitute a violation of applicable law or regulation. Such persons or entities access this website at their own risk and must observe any legal or regulatory restrictions which may affect their eligibility to access this website.  Pharmakon makes no warranty or guarantee as to the accuracy, completeness or reliability of any information contained on this website. Pharmakon shall have no liability for any direct, indirect, consequential or special losses or damages of any kind whatsoever arising from reliance on any of the content of this website.

This website is for general information purposes only and is subject to change without notice. Nothing on this website is intended to and does not constitute financial, accounting, tax, legal, investment, consulting or other professional advice or services.

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