Agreement signedPublished 28 May 2024

Royalty Pharma /
Agios Pharmaceuticals, Inc.

Royalty Pharma to purchase Agios royalty rights for $905 million

Buy side: Royalty Pharma
Buy sideRoyalty Pharma
Target: Agios Pharmaceuticals, Inc.
TargetAgios Pharmaceuticals, Inc.
Source · 28 May 2024Source-verified
Buy side: Royalty Pharma
Buy sideRoyalty Pharma
Target: Agios Pharmaceuticals, Inc.
TargetAgios Pharmaceuticals, Inc.
01 / BuyerRoyalty Pharma
02 / TargetAgios Pharmaceuticals, Inc.
Source-verified
01

What happened

Agios Pharmaceuticals, Inc. agreed to sell Royalty Pharma its rights to a 15% royalty on potential U.S. sales of Servier’s vorasidenib. The $905 million upfront payment is contingent on FDA approval.

Royalty Pharma will receive the full 15% royalty on annual sales up to $1 billion, and 12% on sales above that amount.

02

The source

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01
Source · Original source

Royalty Pharma to purchase Agios royalty rights for $905 million

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