Merrion Pharmaceuticals is to repay a €5.6 million loan to Declan Ryan’s Irelandia investment fund as the company changes its business strategy.
Merrion last week announced that it was selling most of its intellectual property assets to the drug giant Novo Nordisk for up to $10 million (€9.4 million).
As part of the deal it will use the cash it receives to repay a loan, interest and fees due to Irelandia. The loan was...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team