Royalty Pharma and Ascendis Pharma Enter Into $150 Million Royalty Funding Agreement
NEW YORK, NY, and COPENHAGEN, DENMARK, September 3, 2024 - Royalty Pharma plc (Nasdaq: RPRX) and Ascendis Pharma A/S (Nasdaq: ASND) today announced that Royalty Pharma and Ascendis Pharma Bone Diseases A/S, a wholly-owned subsidiary of Ascendis Pharma A/S, has entered into a $150 million capped synthetic royalty funding agreement based on U.S. net sales of Yorvipath.