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BridgeBio secures $632.5M in refinancing to fuel drug pipeline growth

A bold financial move sets BridgeBio on a path to $1B in Attruby sales. Will its high-stakes drug pipeline deliver in 2026?

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The image shows a flowchart diagram depicting the different types of medical costs associated with...
The image shows a flowchart diagram depicting the different types of medical costs associated with pre-illness, health, and health outcomes. The diagram is composed of several boxes connected by arrows, each box representing a different step in the process. The boxes are labeled with words such as "Pre-Illness," "Health," "Insurance," and "Costs," and each box is further divided into subsections, indicating the different stages of the process and how they interact with each other.

BridgeBio secures $632.5M in refinancing to fuel drug pipeline growth

BridgeBio has bolstered its financial position with a significant refinancing move in January 2026. The biotech company issued $632.5 million in new convertible bonds, easing its debt load while pushing forward key drug programs. With robust cash reserves and rising sales, the firm is now focused on upcoming regulatory filings and clinical milestones.

On 21 January 2026, BridgeBio completed a $632.5 million convertible bond offering. The funds will repay higher-interest bonds maturing in 2027, cutting future interest costs. This refinancing follows a year of financial growth, with preliminary 2025 results surpassing expectations.

The company’s cash position stands at roughly $587.5 million, providing a solid foundation for its pipeline. Attruby, its lead drug for transthyretin amyloidosis, saw accelerating sales in late 2025. Preliminary figures show Q4 net revenue of $146 million, lifting the 2025 total to $362.4 million. BridgeBio now targets over $1 billion in Attruby franchise revenue for 2026. Breaking news on regulatory progress is advancing. New Drug Applications (NDAs) for BBP-418 and encaleret are planned for the first half of 2026. Meanwhile, Phase III results for infigratinib, another key program, are due in the coming weeks. As of January 2026, no public plans exist for a new TTR amyloidosis antibody trial in 2027.

BridgeBio’s refinancing and cash reserves support its near-term goals. With Attruby sales climbing and regulatory filings on the horizon, the company is positioning itself for further growth. The next few months will bring critical data readouts and potential approvals for its expanding pipeline.

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