OPKO Health raises $125M in notes backed by mazdutide royalties

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Go back to OPKO Health raises $125M in notes backed by mazdutide royalties

OPKO Health Expands Strategic Relationship with HealthCare Royalty Through $125 Million Notes Issuance Secured by Mazdutide Royalty Interests

August 13, 2026 9:15 AM EDT

MIAMI, Fla., Aug. 13, 2026 (GLOBE NEWSWIRE) -- OPKO Health, Inc. (NASDAQ: OPK) today announced the expansion of its financing relationship with HealthCare Royalty, a business of KKR (HCRx), through the issuance of an additional $125 million aggregate principal amount of senior secured notes. The newly issued notes are secured by OPKOs royalty interests arising under its mazdutide license agreement with Eli Lilly and Company and mature in 2044, consistent with the maturity of OPKOs existing HCRx notes issued under the original financing arrangement.

The transaction provides OPKO with additional... More