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Royalty Pharma and Revolution Medicines Sign Funding Agreements Worth Up to $2 Billion

Royalty Pharma plc and Revolution Medicines, Inc. have announced a strategic funding collaboration of up to $2 billion to support the global development and commercialization of Revolution’s RAS(ON) inhibitor portfolio, particularly the clinical advancement of lead candidate RMC-6236.

The agreement includes a synthetic royalty deal and a senior secured credit facility. Revolution retains full rights to its programs, while Royalty Pharma secures a return based on future sales.

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