Royalty Pharma is excited to announce an agreement to acquire a royalty interest in Sanofi’s frexalimab for $525 million, including transaction costs. Frexalimab is a next generation immunology therapy in Phase 3 development for multiple sclerosis with the potential to address a wide range of immune-mediated diseases. Read more here: https://lnkd.in/e9Rms55H
About us
Founded in 1996, Royalty Pharma is the largest buyer of biopharmaceutical royalties and a leading funder of innovation across the biopharmaceutical industry, collaborating with innovators from academic institutions, research hospitals and not-for-profits through small and mid-cap biotechnology companies to leading global pharmaceutical companies. Royalty Pharma has assembled a portfolio of royalties which entitles it to payments based directly on the top-line sales of many of the industry’s leading therapies. Royalty Pharma funds innovation in the biopharmaceutical industry both directly and indirectly - directly when it partners with companies to co-fund late-stage clinical trials and new product launches in exchange for future royalties, and indirectly when it acquires existing royalties from the original innovators. Royalty Pharma’s current portfolio includes royalties on more than 35 commercial products, including AbbVie and Johnson & Johnson’s Imbruvica, Astellas’ and Pfizer’s Xtandi, Biogen’s Tysabri, Johnson & Johnson’s Tremfya, Gilead’s Trodelvy, Merck’s Januvia, Novartis’ Promacta, Vertex’s Kalydeco, Orkambi, Symdeko and Trikafta, and ten development-stage product candidates.
- Website
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http://www.royaltypharma.com
External link for Royalty Pharma
- Industry
- Biotechnology Research
- Company size
- 11-50 employees
- Headquarters
- New York, New York
- Type
- Public Company
- Founded
- 1996
Locations
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Primary
110 East 59th street
33rd floor
New York, New York 10022, US
Employees at Royalty Pharma
Updates
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Thank you to our 340+ attendees and 50+ speakers for making our 2024 Accelerating Bio-Innovation Conference a huge success! A very special thanks to the University of Cambridge and the Cambridge Academy of Therapeutic Sciences (CATS), University of Cambridge for hosting this special event. Save the Date for the next Accelerating Bio-Innovation Conference which will take place at the Massachusetts Institute of Technology from June 23-25, 2025.
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The 2024 Accelerating Bio-Innovation Conference is underway! Thought leaders from across the biopharma ecosystem have come together at the University of Cambridge to engage in crucial debates and discussions confronting pioneers in the world of biopharmaceuticals, bridging the realms of science, investing and innovative therapeutics. This year's conference features 50+ speakers addressing topics ranging from the challenges of developing new innovative therapies to the synergies of collaboration between academia, industry and risk capital.
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The inaugural From Inquiry To Action Health Equity Symposium is underway at the Mount Sinai campus. Hosted by the Mount Sinai Royalty Pharma Alliance for Health Equity Research, the event brings dozens of health equity researchers and public policy experts together to share real world evidence and address longstanding disparities in healthcare affecting at-risk communities.
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Royalty Pharma is pleased to announce a collaboration with Teva for up to $125 million to accelerate its Phase 3 program for TEV-’749, a long-acting subcutaneous injectable olanzapine for schizophrenia. Read more here: https://lnkd.in/g3g-fQGi
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Royalty Pharma is proud to support the Milken Institute Future of Health Summit 2023. Sandy Balkin, Ph.D., Head of Data & Analytics, will join the discussion on the use of real-world data as an innovative tool to address the needs of under-represented communities and overcome disparities in health outcomes. Live session here: https://lnkd.in/e73JjaB2 #MIHealthSummit
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Royalty Pharma is excited to announce an agreement to purchase up to $1.5bn of PTC Therapeutics’ royalty on Roche’s Evrysdi. This transaction builds on our longstanding partnership with PTC Therapeutics and highlights our ability to structure creative, win-win funding solutions for our partners. Read more here: https://lnkd.in/e5qGrZFG
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Royalty Pharma has entered into a royalty agreement with Ferring to support the launch of Adstiladrin for bladder cancer in the US with up to $500 million. This notable addition further diversifies our portfolio and is consistent with our strategy of investing in break-through therapies for underserved markets. Read more here: https://lnkd.in/esVZiDaY