other material
confidence high
sentiment neutral
materiality 0.75
PTC Therapeutics sells remaining Evrysdi royalty stake to Royalty Pharma for $240M upfront
PTC THERAPEUTICS, INC.
- Sold remaining 9.5111%/16.6666% royalty interest in Evrysdi worldwide net sales for $240M upfront cash.
- Up to three additional $20M payments contingent on Royalty Pharma receiving >$347M (2027), $363M (2028), $379M (2029) in royalty payments.
- After closing, Royalty Pharma owns 100% of the Evrysdi royalty; PTC retains no interest.
- Transaction effective December 29, 2025, under Amendment No. 2 to existing royalty purchase agreement.