A veteran and recipient of the U.S. Army Achievement Medal, Bryan Jadot has served in various capacities in financial institutions such as Wells Fargo Bank and Silicon Valley Bank. Bryan Jadot is now the senior managing director of life sciences at Hercules Capital, Inc.
Hercules is a business development firm focused on venture lending. One of the firms that Hercules has worked with is Insmed.
Insmed is a venture dedicated to improving the lives of patients battling rare diseases by developing innovative therapies. Hercules began working with Insmed in 2012. Attracted by the company’s experienced management team, sound balance sheet, and solid product, Hercules provided flexible financing to steer Insmed’s progress through the initial stages of the FDA approval process. Afterward, the two companies’ relationship deepened as Hercules gained first-hand experience with the difficulties involved in bringing a new drug to the market.
Hercules continues to be a strong partner of Insmed, providing debt financing to foster its growth and ensure minimal equity dilution for the company's owners. Just last year (2016) Hercules signed a $55 million debt agreement with the company to allow it to refinance its existing debt obligations and enter into a licensing agreement with AstraZeneca, a pharmaceutical giant.
