BRIEF-Royalty Pharma To Acquire Royalty Interest In Sanofi'S Frexalimab-February 2024-www.financetom.com

BRIEF-Royalty Pharma To Acquire Royalty Interest In Sanofi'S Frexalimab

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BRIEF-Royalty Pharma To Acquire Royalty Interest In Sanofi'S Frexalimab

May 9, 2024 5:20 AM

May 9 (Reuters) - Royalty Pharma PLC ( RPRX ):

* ROYALTY PHARMA TO ACQUIRE ROYALTY INTEREST IN SANOFI'S

FREXALIMAB

* ROYALTY PHARMA ( RPRX ) : PROPOSED DEAL FOR APPROXIMATELY $525

MILLION IN

CASH

* ROYALTY PHARMA ( RPRX ) : EXPANDS CO'S DEVELOPMENT-STAGE PORTFOLIO

TO 15

THERAPIES WITH COMBINED POTENTIAL TO GENERATE GREATER THAN $1

BILLION IN ANNUAL ROYALTIES

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