Why Royalty Pharma Investors Could Be the Quiet Winners From Revolution Medicines' Groundbreaking Pancreatic Cancer Drug
Revolution Medicines' pancreatic cancer drug, daraxonrasib, received FDA approval. Royalty Pharma, which invested in the drug, estimates peak revenues of $11 billion. Royalty Pharma could earn up to $340 million in royalties. The company has investments in 35 approved drugs, 16 of which are blockbusters. Royalty Pharma offers diversification and a 1.4% dividend yield.



