other material
confidence high
sentiment positive
materiality 0.75
ROCKET PHARMACEUTICALS, INC. (RCKT): M&A transaction — Rocket Pharmaceuticals closes sale of rare pediatric disease PRV for $180M
ROCKET PHARMACEUTICALS, INC.
- Closed sale of Rare Pediatric Disease PRV to large pharma for gross proceeds of $180M.
- PRV was granted by FDA in March 2026 with approval of KRESLADI for severe LAD-I.
- Pro forma cash, cash equivalents, and investments total ~$322.6M, extending runway into Q2 2028.
- Previously reported cash of $144.4M as of March 31, 2026.