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DewDiligence

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DewDiligence

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Re: DewDiligence post# 250827

Tuesday, 05/14/2024 2:11:40 PM

Tuesday, May 14, 2024 2:11:40 PM

Post# of 257442
APLS refinances debt:

https://finance.yahoo.com/news/apellis-pharmaceuticals-refinances-existing-debt-120000044.html

New $475M credit lines expiring in 2030 enable APLS to pay off debt due in 2027.

APLS’ Syfovre is not an especially good drug (#msg-173940338), but there is apparently no shortage of lenders to refinance debt of companies with FDA-approved products.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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