Royalty Pharma to Acquire Royalty Interest in Sanofi’s Frexalimab
NEW YORK, NY, May 9, 2024 - Royalty Pharma plc (Nasdaq: RPRX) announced today that it will acquire royalties and milestones on frexalimab owned by ImmuNext, Inc. (ImmuNext) for approximately $525 million in cash including estimated transaction costs.