Congratulations to our client Sixth Street and co‑investor Blackstone Credit & Insurance on the successful closing of a $1.3 billion financing supporting the combination of Paratek Pharmaceuticals and Radius Health, creating a scaled, multi‑product specialty pharmaceutical company backed by B‑FLEXION Life Sciences. The combination brings together the commercial portfolios of Paratek, including NUZYRA® and XHANCE®, and Radius, including TYMLOS®, to create a diversified specialty pharmaceutical portfolio expected to generate nearly $1 billion in annual revenue in 2026. Grateful for the outstanding collaboration across our Mintz team: Tali Tuchin, Eric Blythe, Joanne Hawana, Peter Hecker, Christine Pemberton, and Joshua S Li. https://lnkd.in/e7stFgfk
Congratulations Richard Gervase and the Mintz team on a landmark deal!