Ascendis gets USD 150m in cash from selling synthetic royalty

Starting January 2025, Royalty Pharma will receive a share of the revenue from the sale of weekly growth hormone Skytrofa in the US.

by MIKKEL AABENHUS HEMMINGSEN

Biotech company Ascendis and Royalty Pharma have entered into an agreement that secures the former an upfront payment of USD 150m.

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Former Demant Executive Vice President Arne Boye Nielsen was found responsible for creating an "unsafe psychological work environment" in an internal legal investigation. | Foto: Demant / Pr

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