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BPCR

LSE
0.88800001 USD
0.006
0.68%
Last update May 9, 4:23 PM BST
Post-market
Day range
0.88279998
0.88999999
Previous close
0.88200003
Open
0.88999999
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Biopharma Credit plc
0.89
0.01
0.68%

Overview

Description

Biopharma Credit plc is a specialized investment trust that provides financial solutions predominantly through secured loans to life sciences companies focused on late-stage drug and medical product development. Its primary purpose is to offer an alternative financing avenue for the biopharmaceutical sector, enabling companies to advance their pipeline of groundbreaking therapies without relying on traditional equity financing, which can be more dilutive. Notably, Biopharma Credit plc invests in entities that have made significant progress towards commercialization, thus minimizing the risks associated with early-stage development. By targeting a niche within the broader healthcare industry, Biopharma Credit plc plays a crucial role in facilitating the growth and eventual market entry of potentially life-saving drugs and innovative medical technologies. The trust's significance in the market lies in its ability to blend investment stability from high-yield secured loans with the dynamic growth potential of the biopharma industry. As such, it is a vital player in supporting the capital needs of life sciences firms, ultimately contributing to advancements in global healthcare solutions.

About

CEO
Employees
0
Address
Central Square
29 Wellington Street
Leeds, LS1 4DL
Phone
Website
Instrument type
Closed-end fund
Sector
Financial Services
Industry
Asset Management
Country
United Kingdom
MIC code
XLON
Post-market

Exchange is currently open for post-market.
Post market session closes in 1 minute

17:14
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
07:15 - 08:00
Main market
08:00 - 16:30
Post-market
16:30 - 17:15
All times are displayed in the Europe/London timezone (BST, UTC+01:00).