Agios Extends Cash Runway With $905m Royalty Pharma Deal

Deal Snapshot: Agios sold rights to a 15% royalty on US net sales of the IDH1/2 inhibitor vorasidenib, which it sold to Servier in 2020.

royalty revenue
Agios sold royalty rights to Royalty Pharma • Source: Shutterstock (Shutterstock)

Who: Agios Pharmaceuticals and Royalty Pharma

What: Agios will monetize a royalty revenue stream by selling it to Royalty Pharma

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