Pharma BD Deal Intelligence

Royalty Pharma / Biohaven Pharmaceutical Holding Co. Ltd. (rimegepant funding)

2019 · Co-Development · $200M · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Jun 19, 2018 Royalty Pharma Bullish

Royalty Pharma acquired royalty rights on global sales of rimegepant (BHV-3000) and BHV-3500 for $100M, with tiered royalties starting at 2.10% on annual net…

Aug 07, 2020 PR Newswire / Biohaven Bullish

Biohaven and Royalty Pharma expanded the partnership with a $450M package — up to $250M for zavegepant funding (3% royalty plus 0.4% on Nurtec ODT) and…

Nov 09, 2021 BioPharma Dive Neutral

BioPharma Dive validated the Royalty Pharma thesis ex-post: Pfizer paid $150M upfront plus $350M equity at a 25% premium for ex-US Nurtec rights after the drug…

Source summaries from our enrichment pipeline; follow links for originals.

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Royalty Pharma agreed to purchase up to $200M in Series A Preferred Shares of Biohaven to fund Biohaven's $105M acquisition of an FDA Priority Review Voucher and general corporate uses for the rimegepant NDA. Royalty Pharma provided $125M at closing with up to an additional $75M available upon FDA acceptance of the rimegepant NDA.

Key facts

Related deals — scored

DealYearValueOutcome
Royalty Pharma / Biohaven Pharmaceutical Holding Co. Ltd. (rimegepant funding) (this deal)2019$200M
Royalty Pharma / Neurimmune AG (NI006 license)2026$425M
Royalty Pharma / BeOne Medicines Ltd.2025$950M
Novartis AG / Advanced Accelerator Applications S.A.2017$3.9B98
Allergan plc / Merck & Co., Inc. (CGRP receptor antagonist program)2015$250M91
Cephalon Inc. / Laboratoire L. Lafon S.A. (Group Lafon)2000$450M89
Teva Pharmaceutical Industries Ltd. / Auspex Pharmaceuticals2015$3.5B86

Compare all 7 side-by-side →

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