RPRX

Royalty Pharma

October 14, 2026 · market open

Rarity
1.45
Peak move
+4.37%
Float cap
$19.5B

Royalty Pharma is the largest buyer of biopharmaceutical royalties, acquiring royalty interests from academic institutions, research hospitals, non-profits, small and mid-cap biotech companies and large global pharmaceutical firms. It earns payments tied directly to the top-line sales of more than 35 marketed therapies, and it also funds late-stage clinical trials and product launches in exchange for future royalties. Its counterparties are drug innovators seeking upfront capital.

Where do you see this going?

no votes yet

Voting closed at 4:00 PM ET.

What we found

4 events · 0 from SEC or newswire · 0 timed with the move
  • institutional_flow

    Cooper Investors PTY Ltd. cut its Royalty Pharma stake by 69.3% in the third quarter, selling 113,760 shares and retaining 50,489 shares worth about $2.95 million, per its latest 13F filing.

  • peer_disclosure

    Revolution Medicines drew a $250 million Tranche A senior secured loan from Royalty Pharma Development Funding on Oct 8, 2026 after FDA approval of RASONQUE (daraxonrasib), paying a $5 million draw fee, and declined the Tranche 3 option for up to $250 million from Royalty Pharma Investments 2019 ICAV.

  • insider_sale

    Royalty Pharma EVP of Research & Investments Marshall Urist sold 4,126 Class A ordinary shares at $57.10 per share for about $235,594 on Oct 5, 2026 under a Rule 10b5-1 plan adopted June 26, 2026, leaving him no directly held Class A shares.

  • analyst_rating

    Citi analyst Geoff Meacham maintained a Buy rating on Royalty Pharma and raised the price target to $70.00 from $66.00, citing pipeline maturation and growth outlook through 2030.