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Royalty Pharma and Syndax Pharmaceuticals Enter Into $350 Million Royalty Funding Agreement for Niktimvo
RPRXRoyalty Pharma(RPRX) GlobeNewswire News Room·2024-11-04 21:15

Proceeds expected to support the upcoming planned launches and fund the continued development of Niktimvo and revumenibExpected to fund Syndax through profitability; proforma cash approaching 800millionasofJune30NEWYORKandWALTHAM,Mass.,Nov.04,2024(GLOBENEWSWIRE)RoyaltyPharmaplc(Nasdaq:RPRX)andSyndaxPharmaceuticals(Nasdaq:SNDX)todayannouncedthatRoyaltyPharmahasenteredintoa800 million as of June 30 NEW YORK and WALTHAM, Mass., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) and Syndax Pharmaceuticals (Nasdaq: SNDX) today announced that Royalty Pharma has entered into a 350 million synthetic royalty funding agreement with Syndax based on U.S. net sales of Niktimvo (a ...