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Re: ZIA SPIRIT post# 21976

Sunday, 04/05/2020 11:38:38 AM

Sunday, April 05, 2020 11:38:38 AM

Post# of 35961
Already answered by PB

“Royalty Partners and money upfront in exchange for a cut of the revenue from the drug. Since royalties have value, they can be bought and sold. Sometimes funds buy the royalties.

Recently, Dendreon (Nasdaq: DNDN) sold the royalty it was owed on sales of Merck's (NYSE: MRK) Victrelis for $125 million to CPP Investment Board.”