Agreement signedPublished 14 Jul 2022

Royalty Pharma /
Theravance Biopharma

Royalty Pharma to buy Theravance Biopharma’s TRELEGY royalty interest

Terms
Not stated
Stage
Agreement signed
Buy side: Royalty Pharma
Buy sideRoyalty Pharma
Source · 14 Jul 2022
Buy side: Royalty Pharma
Buy sideRoyalty Pharma
01 / BuyerRoyalty Pharma
02 / TargetTheravance Biopharma
01

What happened

Royalty Pharma agreed to buy Theravance Biopharma’s 85% economic interest in sales-based royalty rights on worldwide net sales of TRELEGY ELLIPTA. The transaction has potential total value of over $1.5 billion.

The transaction is subject to limited closing conditions and is expected to close 10 business days after the announcement.

02

The source

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01
Source · Source

Royalty Pharma to buy Theravance Biopharma’s TRELEGY royalty interest

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03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

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