News

Forest Laboratories to Acquire Furiex Pharmaceuticals for $1.1 Billion in Cash to Build on a Leading Position in Gastroenterology (GI). Deal Also Includes Up to $30 per share in a Contingent Value Right for Furiex Shareholders Creates a Leading GI Company within Forest – Acquisition Adds Global

New York, NY (US) – January 6, 2014  — Royalty Pharma announced today that it has acquired an additional interest in the earn-out payable to the former shareholders of Fumapharm AG for $510 million in cash. The Fumapharm earn-out primarily represents an indirect interest in sales of Biogen Idec’s

Second drug with breakthrough therapy designation to receive FDA approval. Washington, DC (US) – November 13, 2013  — The U.S. Food and Drug Administration today approved Imbruvica (ibrutinib) to treat patients with mantle cell lymphoma (MCL), a rare and aggressive type of blood cancer.

Retains royalty rights to odanacatib and other Celera drug assets. Madison, NJ (US) and New York, NY (US) – July 18, 2013  — Quest Diagnostics Incorporated (NYSE: DGX), the world’s leading provider of diagnostic information services, announced today that it has completed the sale of its rights to

New York, NY (US) – June 18, 2013  — Royalty Pharma announced today that it had withdrawn its request for a judicial review of the Irish Takeover Panel’s decision requiring it to lapse its offer for Elan Corporation, plc (NYSE: ELN) if, among other things, Elan shareholders approved the Share

New York, NY (US) – May 24, 2012  — Royalty Pharma, the industry leader in acquiring royalty interests in marketed and late stage biopharmaceutical products, announced that it has successfully issued $600 million of incremental Term Loan B debt through RPI Finance Trust (“RPIFT”), bringing total

Purchase of Interest in Fumapharm Earn-Out Represents Interest in BG-12 and Fumaderm. New York, NY (US) – May 2, 2012  — Royalty Pharma announced today that it had acquired an interest in the earn-out payable to the former shareholders of Fumapharm AG for $761 million in cash.

Design and Execution of VALOR Trial Enable Innovative Financing. New York, NY (US) and South San Francisco, CA (US) – March 29, 2012  — Royalty Pharma and Sunesis Pharmaceuticals (NASDAQ:SNSS) today announced that Royalty Pharma has agreed to pay Sunesis $25 million, under certain circumstances

San Francisco, CA (US) – February 29, 2012  — Nektar Therapeutics (Nasdaq: NKTR) today announced that it agreed to sell to Royalty Pharma its royalties on future sales of CIMZIA®, under Nektar’s agreement with UCB Pharma, and MIRCERA®, under Nektar’s agreement with Roche.

New York, NY (US) – February 29, 2012  — Royalty Pharma announced today that it has acquired certain rights to receive royalties on future worldwide net sales of Cimzia® and Mircera® for an aggregate cash payment of $124 million. Cimzia, marketed by UCB and launched in the United States and the