Finance Watch: Royalty Deals Pick Up As Alternative Financings Find Appeal

Royalty financings were relatively few and far between in the first quarter of 2022, but the number of these financings more than doubled in Q1 of 2023 – from three to seven – and the amount of money royalty purchasers committed to biopharmaceutical companies in the transactions more than tripled from $590m to $2.1bn, according to data from Biomedtracker’s Financing Quarterly Statistics report.

This form of alternative financing continues to be attractive to publicly traded drugs developers in Q2, with two significant deals announced to date, including one that could bring uniQure N.V. up to $400m in cash that is non-dilutive to its existing shareholders