Portfolio ExpansionRPRX is in the early stages of a multi-year portfolio expansion that is underappreciated in the context of a large, growing market for royalty funding, with additional potential tailwinds from China biotech innovation trends.
Revenue GrowthRPRX's total royalty receipts, a proxy for the company's topline, are expected to grow significantly, representing a compound annual growth rate of 8.7%.
Strategic AgreementsRPRX announced a funding agreement with ZBIO for up to $300 million for the potential US commercial launch of obexelimab in IgG4-Related Disease.