Capital StructureANI substantially altered its capital structure and lowered its cost of capital with a new $325M term loan at SOFR+2.75% and a $316M 2.25% convert.
Financial PerformanceANI continues its streak of execution vs. conservative guidance, beating revenue estimates for the 10th straight quarter, and raising guidance again for Cortrophin Gel and generics/other business outperformance.
Strategic GrowthANI completed the Alimera Sciences deal, bolstering its rare disease business with a global commercial ophthalmology franchise.