AEON Biopharma Slashes Debt by Over 90% with Strategic Transactions

Reuters
2025.11.14 13:32
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AEON Biopharma Inc. announced strategic transactions in November 2025, including a $6 million PIPE financing and a proposed note exchange with Daewoong Pharmaceutical, to reduce its debt by over 90%. These actions aim to strengthen its balance sheet, extend its cash runway into Q2 2026, and accelerate the ABP-450 biosimilar program development by up to six months.