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What Is All The Chatter About K-V Pharmaceutical And Orphan Drug Makena (December 12, 2012) ?

December 13, 2012

The Internet is chatting away about the recent settlement agreement between K-V Pharmaceutical and Hologic Inc over the rights, title, and interest for orphan drug Makena :

1)     St. Louis Business Journal December 12, 2012 article titled, “KV Pharmaceutical receives $85 million loan commitment” :

–   K-V Pharmaceutical announces December 12, 2012, that the company has secured $85 million commitment for debtor-in-possession (DIP) financing

–  K-V Pharmaceutical will use the monies to satisfy the settlement agreement with  Hologic and to make payments under its reorganized plan.

2) December 12, 2012 article titled, “K-V Pharma renegotiates deal in survival struggle”

3) December 12, 2012 article titled, “K-V Pharmaceutical Secures commitment for $85 million loan, reaches agreement with senior note holders on Principal terms of Plan Of reorganization”

4)  K-V Pharmaceutial December 13, 2012 Press Release

5) December 13, 2012 article titled, “KV says it is set to emerge from bankruptcy”


Copyright © 2012-2013, Orphan Druganaut Blog. All rights reserved.

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