SVB, Solar Capital Provide Up to $20MM to ATyr Pharma
ATyr Pharma amended its $20 million credit agreement with lenders Silicon Valley Bank and Solar Capital.
July 6, 2017
aTyr Pharma | Silicon Valley Bank | Solar Capital
Sam Nickerson
ATyr Pharma amended its $20 million credit agreement with lenders Silicon Valley Bank and Solar Capital.
aTyr Pharma entered into a $20 million credit facility with Silicon Valley Bank and Solar Capital. aTyr intends to use the additional capital to pay off existing indebtedness and for general corporate purposes.
aTyr Pharma closed $10 million debt financing from SVB to support the clinical development of aTyr’s first therapeutic program to treat rare autoimmune diseases and a rare disease pipeline in immune disorders.