Generics Attract Royalty Funding Options Too
Generics firms also have more financing options, it seems. Last month, Paul Capital Partners, through its Paul Royalty Fund, agreed to invest $27 million in the development of 16 dermatology products at India's Glenmark Pharmaceuticals. It's not big money, but the deal points to the growing clout of the generic segment of the pharma industry.
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This episode of our weekly podcast covers Cognoa’s development of an app to detect autism spectrum disorder early, Novocure’s customer-focused business strategy during the pandemic, and the new $585m fund created by Longitude Capital to invest in medtech, pharma and biotech.