Royalty Pharma

Venture Capital

Founded in 1996, Royalty Pharma is the largest buyer of biopharmaceutical royalties and a leading funder of innovation across the biopharmaceutical industry.

New York, United States · 9+ investments · 7 portfolio companies

Early Stage
Growth
Biotech
Healthcare
Headquarters
New York, United States
Founded
1996
AUM
$18.0B
Portfolio Companies
7
Total Investments
9
Last Investment
Dec 2025
Geographic Focus
United States, Global

Investment Thesis

Funding biopharma innovation through royalty acquisitions on approved products and development-stage therapies.

Royalty Pharma is a Venture Capital firm based in New York, United States. It has made 9 investments, including BioCryst Pharmaceuticals, Syndax Pharmaceuticals and Denali Therapeutics. Focus areas include Biotech and Healthcare.

Portfolio7

Co-investors24

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24 co-investors across 27 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×18 · Other ×2 · Corporate VC ×2 · 12 shared rounds

Investment History

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