This year, from August 6 to 12, in the classrooms of Northwestern University's Marjorie Ward Marshall Dance Center, the CHRP
offers two residencies, sixteen one-week courses, and twenty-four master classes, plus seminars, panel discussions, and video and film showings.
The change in the outlook is lower than the upfront payment from CHRP
because milestone payments related to potential out-licensing activities were included in the previous guidance for 2008.
Excluding the non-recurring placement fee expense related to CHRP, non-compensation expenses decreased 11% compared to the prior year period.
The higher effective tax rate in the second quarter of 2008 was primarily the result of certain non-deductible expenses including the non-recurring placement agent fee related to CHRP.
Davis, Co-Founder and Managing Director of CHRP, will join the Company's Board of Directors.
CHRP seeks to (i) acquire royalty interests in commercial-stage or near commercial-stage healthcare products and (ii) invest, through royalty or synthetic royalty interests as well as debt or equity, in companies with commercial-stage, or near commercial-stage healthcare products such as pharmaceuticals, biotechnology products and medical devices.
CHRP makes long-term investments in commercial and near-commercial stage healthcare products and companies worldwide through the purchase and monetization of passive royalties, the creation of Synthetic Royalties(SM), and investments in royalties combined with equity or debt securities.
CHRP was advised by Credit Suisse Securities (USA) LLC as financial advisor/placement agent and Goodwin Procter LLP as legal counsel.
Co-developed with FWB Software, a leader in Macintosh software utilities and drivers, the MegaDrive RAID ToolKit has been upgraded with 'drag-and-drop' disk array management, removable module support, and CHRP
Futch, the Managing Directors of CHRP
, with whom he previously worked at Paul Capital Partners.
and Cowen Healthcare Royalty Partners ("CHRP
") announced today the significant expansion of the CHRP
team through the addition of several new hires.
has been formed and Todd Davis and Clarke Futch have recently joined Cowen; Dr.