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Ligand monetizes Promacta royalties through $827mm transaction with Royalty Pharma
24 Jun 2020
Executive Summary
Ligand Pharmaceuticals Inc. agreed to sell Royalty Pharma the intellectual property rights, including the royalty stream on worldwide net sales, to Promacta (eltrombopag) for $827mm in cash.
Deal Industry
- Pharmaceuticals
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Pharmaceuticals
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Drug Delivery
- Site Specific
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Drug Delivery
-
Biotechnology
- Drug Discovery Tools
- Transgenics
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Large Molecule
- Antibodies
Deal Status
- Final
Deal Type
-
Financing
- Royalty Sale
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