Agreement signedPublished 2 Nov 2023

HCR /
Cara Therapeutics, Inc.

Cara Therapeutics sells royalty interests to HCR

Buy side: HCR
Buy sideHCR
Target: Cara Therapeutics, Inc.
TargetCara Therapeutics, Inc.
Source · 2 Nov 2023
Buy side: HCR
Buy sideHCR
Target: Cara Therapeutics, Inc.
TargetCara Therapeutics, Inc.
01 / BuyerHCR
02 / TargetCara Therapeutics, Inc.
01

What happened

Cara Therapeutics, Inc. entered into a royalty interest purchase and sale agreement with HCR, exchanging certain royalty rights for up to $40 million in cash.

The agreement provides for an upfront payment of $17.5 million, with additional payments tied to a pricing approval and a sales milestone.

02

The source

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01
Source · Original source

Cara Therapeutics sells royalty interests to HCR

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03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by the source

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