PTC Therapeutics collaborates with Royalty Pharma in $1.5bn Evrysdi royalty agreement

PTC Therapeutics collaborates with Royalty Pharma in $1.5bn Evrysdi royalty agreement

PTC Therapeutics, Inc. (NASDAQ: PTCT) has forged an agreement with Royalty Pharma plc., monetizing up to a staggering $1.5 billion from the Evrysdi royalty stream. The terms dictate Royalty Pharma’s acquisition of additional Evrysdi royalties worth $1 billion upfront. The deal comes with provisions for future sales, where PTC could part with all its retained […]