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0 -0.000965976172587779 0.000536653429215382 -0.0011806375442739 -0.00654717183642803 -0.00160996028764615 -0.00311258988944931 -0.00225394440270467
Stock impact report

Royalty Pharma and J&J partner to develop autoimmune treatment [Yahoo! Finance]

Royalty Pharma plc - Class A Ordinary Shares (RPRX) 
US:NASDAQ Investor Relations: ir.reprosrx.com/investor-relations
Company Research Source: Yahoo! Finance
Shares of Royalty Pharma were up 1.4% in premarket ?trading, while ?those of J&J rose nearly 0.7%. * The co-funding agreement, covering ?2026 and 2027, willsupport the development of JNJ-4804, an experimental ?co-antibodytherapy that ?targets IL ?23 and TNF, ?two immune pathways involvedin autoimmune inflammation. * Royalty Pharma CEO Pablo Legorreta said the drug holdspromise for patients with chronic immune-mediated diseases ?andthat the agreement ?builds on the ?company's investments ?inimmunology, including earlier medicines ?targeting TNF. * The biopharmaceutical investor ?receives ?royalties onmore than 35 commercial products, including Biogen's Tysabri andJ&J's ?Tremfya - ?both targeting autoimmune disorders. (Reporting by Kunal ?Das in Bengaluru; Editing ?by Diti Pujara) Show less Read more
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