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RPRX

35.60000 USD
0.91
2.49%
Last update Jul 16, 3:59 PM EDT
Pre-market
Day range
35.60000
36.89000
Previous close
36.51000
Open
36.51000
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Royalty Pharma plc
35.60
0.91
2.49%

Overview

Description

Royalty Pharma plc is a unique player in the pharmaceutical sector, specializing in the acquisition of biopharmaceutical royalties. Its primary function is to provide critical funding to research and development entities, ranging from large pharmaceutical firms to smaller biotechnology companies. By purchasing these royalties, Royalty Pharma plc enables drug developers to access immediate capital, which can be reinvested into further innovation and development of new therapies. Notable features of Royalty Pharma include its extensive portfolio, which covers a broad spectrum of therapeutic areas such as oncology, neurology, and rare diseases. This diversification allows the company to benefit from the economic potential of multiple groundbreaking treatments without the operational risks involved in drug development. Royalty Pharma plc plays a significant role in the global healthcare market by fostering advancements through a sustainable financing model. Its impact stretches across sectors, driving innovation and supporting the commercialization of life-saving treatments while ensuring a return on investment for public entities and institutional stakeholders. This approach underpins both growth in the life sciences industry and access to pioneering therapies for patients worldwide.

About

CEO
Mr. Pablo Gerardo Legorreta
Employees
0
Address
110 East 59th Street
New York, 10022, NY
United States
Phone
212 883 0200
Instrument type
Common stock
Sector
Healthcare
Industry
Biotechnology
Country
United States
MIC code
XNGS
Pre-market

Exchange is currently open for pre-market.
Main market opens in 3 hours 17 minutes

06:12
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).