XML 41 R18.htm IDEA: XBRL DOCUMENT v3.23.1
Related-Party Transactions
12 Months Ended
Dec. 31, 2022
Related-Party Transactions  
Related-Party Transactions

(12) Related-Party Transactions

On November 16, 2018, the Company entered into a senior secured term loan facility with OrbiMed, an entity affiliated with an owner of a material amount of the Company’s outstanding voting securities. The terms of the debt and related components are described in more detail in Note 6. On May 26, 2022, the Company entered into the MidCap Credit Agreement and upon closing used a portion of the proceeds to repay all borrowings under the OrbiMed Credit Facility, and terminated the OrbiMed Credit Facility.