Strong Financial Performance
Royalty Pharma reported an 11% growth in both portfolio receipts and royalty receipts, driven by a diversified portfolio. The company raised its full-year 2025 guidance for portfolio receipts to $3.2 billion to $3.25 billion, representing growth of 14% to 16%.
Successful Capital Deployment
The company deployed $1 billion in the quarter on loyalty transactions, totaling $1.7 billion for the first 9 months. It also repurchased 4 million shares, totaling $1.15 billion in share repurchases for the year.
Strategic Acquisitions
Acquired royalty interests in Amgen's Imdelltra for up to $950 million, Zenas Biopharma's obexelimab for up to $300 million, and Alnylam's Amvuttra for $310 million.
Pipeline Expansion
Development-stage pipeline expanded to 17 therapies, with expectations of multiple pivotal readouts in the near future. The pipeline is expected to generate over $36 billion in cumulative peak sales.
Consistent Returns
Return on invested capital maintained at 15.7% and return on invested equity at 22.9%.