uniQure Inc.
uniQure Inc.

~ Term of current $50 million debt outstanding extended from January 2027 to October 2030 ~

~ Additional $100 million available subject to regulatory and financial milestones ~

~ Additional $25 million available subject to Hercules’ approval ~

~ Transaction provides financial flexibility and improves cost of capital ~

LEXINGTON, Mass. and AMSTERDAM, Sept. 24, 2025 (GLOBE NEWSWIRE) — uniQure N.V. (Nasdaq: QURE), a leading gene therapy company advancing transformative therapies for patients with severe medical needs, today announced it entered into a $175 million non-dilutive senior secured term loan facility with Hercules Capital, Inc. (NYSE: HTGC). The transaction is designed to enhance the company’s financial flexibility to fund the potential commercial launch of AMT-130, its investigational gene therapy for the treatment of Huntington’s disease.

“This non-dilutive financing keeps funds from the outstanding $50 million debt available until 2030 and provides access to an additional $125 million. We believe this transaction enhances our financial flexibility to fund the potential commercial launch of AMT-130 in the United States, anticipated in 2026,” said Christian Klemt, chief financial officer of uniQure.

The loan facility consists of three tranches, including a first tranche of $50 million refinancing the current debt outstanding at closing and an additional term loan tranche of $100 million, which can be drawn at the company’s option subject to the achievement of both a regulatory milestone related to AMT-130 and a financial milestone. A third tranche of up to $25 million is available, subject to Hercules’ approval. All tranches have a floating interest rate of the greater of 9.45% and the prime rate plus 2.45%, reflecting a current floating rate of 9.70%, compared to the current floating interest rate prior to the refinancing, which would have been 11.95%. The tranches mature in October 2030.

Leerink Partners served as exclusive financial advisor to uniQure on the term loan financing.

About uniQure

uniQure is delivering on the promise of gene therapy – single treatments with potentially curative results. The approvals of uniQure’s gene therapy for hemophilia B – a historic achievement based on more than a decade of research and clinical development – represent a major milestone in the field of genomic medicine and ushers in a new treatment approach for patients living with hemophilia. uniQure is now advancing a pipeline of proprietary gene therapies for the treatment of patients with Huntington’s disease, refractory temporal lobe epilepsy, ALS, Fabry disease, and other severe diseases.

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