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31.23000 EUR
0.3
0.97%
Last update Oct 9, 6:35 PM CEST
Main market
Day range
30.78000
31.25
Previous close
30.93000
Open
30.97000
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Royalty Pharma plc
31.23
0.30
0.97%

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
Germany
MIC code
XBER
Main market

Exchange is currently active.
Closing in 4 hours 57 minutes

15:02
00:00
08:00
20:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 20:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).