Royalty Pharma plc (RPRX) Presents at Evercore 8th Annual Healthcare Conference Transcript
Royalty Pharma is reiterated as a Buy, supported by strong Q3 results, raised guidance, and disciplined capital deployment. The company trades at a notable discount to biopharma peers despite robust FCF, portfolio growth, and a diversified royalty-based business model. Platform model delivering diversified biopharma exposure, buybacks ongoing, and new deals to be priced in. Our buy is then confirmed.
Royalty Pharma plc ( RPRX ) Q3 2025 Earnings Call November 5, 2025 8:00 AM EST Company Participants George Grofik - Senior VP and Head of Investor Relations & Communications Pablo Legorreta - Founder, Chairman of the Board & CEO Marshall Urist - Executive Vice President of Research & Investments Christopher Hite - Vice Chairman & Executive VP Terrance Coyne - Executive VP & CFO Conference Call Participants Asad Haider - Goldman Sachs Group, Inc., Research Division Hardik Parikh - JPMorgan Chase & Co, Research Division Geoffrey Meacham - Citigroup Inc., Research Division Michael DiFiore - Evercore ISI Institutional Equities, Research Division Terence Flynn - Morgan Stanley, Research Division Michael Nedelcovych - TD Cowen, Research Division Presentation Operator Ladies and gentlemen, thank you for standing by. Welcome to Royalty Pharma Third Quarter Earnings Conference Call.
| Biotechnology Industry | Healthcare Sector | Pablo Gerardo Legorreta CEO | XMUN Exchange | GB00BMVP7Y09 ISIN |
| US Country | 75 Employees | 14 Nov 2025 Last Dividend | - Last Split | 25 Mar 1993 IPO Date |
Royalty Pharma plc operates as a vital facilitator in the biopharmaceutical industry, chiefly by participating as a purchaser of biopharmaceutical royalties and by funding innovations within the sector primarily in the United States. The company’s business activities extend to identifying, evaluating, and acquiring royalties on a wide array of biopharmaceutical therapies. Furthermore, Royalty Pharma engages in collaboration with various innovators, including academic institutions, research hospitals, not-for-profits, as well as small and mid-cap biotechnology firms, and large pharmaceutical companies, thereby positioning itself as an instrumental partner in the advancement of medical research and development. Founded in 1996 and headquartered in New York, New York, the firm leverages its expertise and financial resources to support the development and commercialization of innovative therapeutic solutions.
Royalty Pharma’s core business involves the acquisition of royalties on a diverse portfolio of biopharmaceutical therapies. By acquiring these royalties, the company invests in the future revenue of these therapies, providing upfront capital to innovators and organizations that can be used to fuel further research, development, and commercialization efforts. This model enables continuous support and funding across various stages of drug development and commercialization.
In addition to royalty acquisitions, Royalty Pharma is actively involved in funding innovations within the biopharmaceutical industry. The company provides financial resources for the development of new therapeutic solutions by entering into partnerships with innovators across the field. This includes working closely with academic institutions, research hospitals, not-for-profits, small and mid-cap biotechnology companies, and pharmaceutical corporations. Through this service, Royalty Pharma plays a pivotal role in bridging the funding gap often encountered in the early stages of drug development and research.
Royalty Pharma boasts a robust portfolio comprising royalties on approximately 35 commercial products and 14 development-stage product candidates. These products and candidates span a diverse range of therapeutic areas such as rare diseases, cancer, neuroscience, immunology, respiratory diseases, infectious diseases, hematology, and diabetes. By having stakes in various stages of product development and across multiple therapeutic areas, Royalty Pharma diversifies its investment and support, ultimately contributing to the development of innovative treatments and advancements in healthcare.