Fund of the week: Bertelsmann Healthcare Investments (BHI)
Overview and Investment Focus
Bertelsmann Healthcare Investments (BHI) is a dedicated healthcare venture fund launched in late January 2026 by
Company of the week: TRex Bio - Decoding Regulatory T Cells for Autoimmune Therapies
What has tiny arms but might revolutionize autoimmune treatment? No, not that T-Rex—this one's all about regulatory T cells, and its reach into immunology is anything but short.
The Role of Arrow Declarations in Pharmaceutical Royalty Transactions – UK, EU, and US Perspectives
Introduction
Arrow declarations have emerged as a distinctive mechanism in patent litigation, particularly within the UK pharmaceutical sector, with significant
Equity Kickers in Life Sciences Financing: Warrant Structures, Deal Mechanics
Equity kickers—warrants, options, convertible features, or other equity-linked instruments bundled with debt or investment transactions—serve as return enhancers
Royalty Tail Structures in Pharmaceutical Royalty Transactions
Recent pharmaceutical royalty financings have increasingly featured "royalty tail" provisions. In a royalty monetization, an originator (typically a
The Weekly Term Sheet (2026-W04)
The final week of January 2026 delivered the largest licensing deal of the year so far, a collapsed mega-merger, and
Liens in Pharmaceutical Royalty Financing Transactions
2025-2026 Market Overview: Record Volume Reshapes the Landscape
Before diving into the technical intricacies of liens, it is worth pausing
Fund of the week: SLR Capital
SLR Investment Corp. (NASDAQ: SLRC) is a New York-based business development company externally managed by SLR Capital Partners, a specialty
Company of the week: Mendra
Executive Summary
Mendra, Inc. is a newly launched San Francisco-based biopharmaceutical company targeting high-unmet-need rare diseases. In January 2026, the
GCC Pharmaceutical Industry: Sovereign Wealth Funds and Local Manufacturers
The Gulf Cooperation Council (GCC) pharmaceutical industry is undergoing significant structural changes as sovereign wealth funds deploy capital and local