Zymeworks and Royalty Pharma Enter into $250 Million Royalty-Backed Note Financing

Zymeworks and Royalty Pharma Enter into $250 Million Royalty-Backed Note Financing

Zymeworks to receive $250 million under a royalty-backed note financing from Royalty Pharma with repayments due from 30% of worldwide tiered royalties on Ziihera until fully repaid Zymeworks to retain 70% of royalties on Ziihera sales per the agreement, with …

Zymeworks is a global biotechnology company managing a portfolio of licensed healthcare assets and developing a diverse pipeline of novel, multifunctional biotherapeutics to improve the standard of c… [+7665 chars]
Zymeworks and Royalty Pharma Enter into $250 Million Royalty-Backed Note Financing - FHMnews