First CRISPR-Cas9 Drug Monetised in Spate of Big-Money Royalty Transactions
Member Richard Gervase was quoted by IAM in an article about an increase in the sale of drug royalties over the past two months, including the monetization of a patent deal relating to the world's first approved CRISPR-Cas9 therapy, Casgevy.
He says, "Synthetic royalties are a flexible form of financing. For a company that does not receive royalties (but rather will be commercializing the product itself), synthetic royalty transactions are a good way to raise capital on the basis of the value of a specific asset."
Source