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Xeris Pharmaceuticals, Inc. 5.0% 15-JUL-2025

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Overview
Analysis

XERS5008737 analysis



Key facts


Issuer
Xeris Pharmaceuticals, Inc.
Issue date
Jun 30, 2020
Maturity date
Jul 15, 2025
Outstanding amount
‪15.20 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
5.00% (Fixed)
Yield to maturity
−1.21%
Xeris Biopharma is a specialty pharmaceutical company leveraging its novel formulation technology platforms to develop and commercialize ready-to-use, liquid-stable injectables. The company’s proprietary XeriSol and XeriJect formulation technologies allow for the subcutaneous (SC) and intramuscular (IM) delivery of highly concentrated, non-aqueous, ready-to-use formulations of peptides, proteins, antibodies, and small molecules using syringes, auto-injectors, multi-dose pens, and infusion pumps. Xeris’ platforms have the potential to offer distinct advantages over existing formulations of marketed and development-stage products. In particular, XeriSol and XeriJect offer the opportunity to eliminate reconstitution, enable long-term room temperature stability, significantly reduce injection volume, and eliminate the requirement for intravenous (IV) infusion. These attributes can lead to products that are easier to use by patients, caregivers, and health practitioners and reduce costs for payers and the healthcare system.
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