ANI Pharmaceuticals completes acquisition of Alimera Sciences

Written by Emily J. Thompson, Senior Investment Analyst

ALIM%

ANIP-0.54%

Updated: Sep 16 2024

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ANI Pharmaceuticals Acquisition: ANI Pharmaceuticals has completed its acquisition of Alimera Sciences, expecting significant growth in adjusted non-GAAP EPS and EBITDA by 2025, alongside identified cost synergies.
Financial Restructuring: To finance the acquisition, ANI entered a new credit agreement and issued convertible senior notes, aiming to reduce annual interest expenses significantly while maintaining guidance for standalone operations in 2024.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

ANI Pharmaceuticals completes acquisition of Alimera Sciences

About the author

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