Royalty Pharma Reports First Quarter 2024 Results
During 2024, Royalty Pharma announced new transactions of up to $619 million.
- During 2024, Royalty Pharma announced new transactions of up to $619 million.
- In January 2024, Royalty Pharma acquired a royalty interest in ecopipam for an upfront payment of $49 million and up to $44 million in milestone payments contingent on the achievement of certain regulatory milestones.
- In May 2024, Royalty Pharma announced a transaction to acquire royalties and milestones on frexalimab owned by ImmuNext for approximately $525 million in cash including estimated transaction costs.
- Royalty Pharma has provided guidance for full year 2024, excluding transactions and borrowings announced after the date of this release, as follows: