Partnerships And RoyaltiesExpanded royalty agreement with Takeda covering nine additional assets adds small royalty percentages and potential milestone payments, increasing the company's non-dilutive revenue optionality.
Pipeline And Late-stage ProgramsA broad partnered pipeline that includes about ten late-stage programs and multiple Phase 3 assets creates opportunities for near-term milestone receipts and reduces single-program concentration risk.
Technology Monetization And Strategic AcquisitionsAcquisition of Generation Bio brings ownership of a ctLNP delivery platform tied to an existing collaboration with Moderna, creating prospects for future licensing revenue or asset monetization.