Eiger Gets Deal With Merck Over $46M Rare-Disease Drug Sale

By Alex Wittenberg · May 1, 2024, 7:21 PM EDT

Bankrupt Eiger BioPharmaceuticals Inc. told a Texas federal judge Wednesday it had struck a tentative agreement with drug company Merck & Co. over licensing rights to a rare-disease drug that it...

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Bankruptcy Scorecard

Summary

Eiger BioPharmaceuticals Inc. filed for Chapter 11 protection in Texas bankruptcy court with $53.1 million of debt and plans to sell its assets during the case.

Case Number

8:24-bk-80040

Judge

Stacey Jernigan

Venue

U.S. Bankruptcy Court for the Northern District of Texas

Capital Structure

Total Liabilities:

$53.1 million

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Related Sections

Case Information

Case Title

Eiger BioPharmaceuticals, Inc.

Case Number

8:24-bk-80040

Court

Texas Northern

Nature of Suit

Date Filed

April 01, 2024

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