Royalty Pharma /
Denali
Royalty Pharma to fund Denali in exchange for a royalty




Source for the buyer and target: Denali Therapeutics Inc.
For the buyer and target.
““We are delighted to partner with Denali and acquire a royalty on tividenofusp alfa, an innovative therapy that addresses a significant unmet need in the cognitive and physical manifestations of Hunter syndrome,” said Pablo Legorreta, Chief Executive Officer and Chairman of the Board of Royalty Pharma.”
Published 4 Dec 2025
Open the sourceWhat happened
Royalty Pharma plc agreed to provide Denali Therapeutics Inc. with up to $275 million in funding in exchange for a royalty on future net sales of tividenofusp alfa. [01]
The transaction is subject to closing conditions, including FDA accelerated approval of tividenofusp alfa on or before June 30, 2026. [01]
The source
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Royalty Pharma to fund Denali in exchange for a royalty
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Open the sourceTimeline
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Also stated
“The transaction is subject to closing conditions, including FDA accelerated approval of tividenofusp alfa on or before June 30, 2026”
Open the source
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