Royalty Funding Agreement with Savara Inc.

Summary by AI BETAClose X

RTW Biotech Opportunities Ltd notes that Savara Inc. has entered into a $75 million royalty funding agreement with funds managed by RTW Investments, LP, in which RTW Bio will participate through its investment in the RTW-managed 4010 Royalty Fund. The funding is contingent upon FDA approval of Savara's MOLBREEVI, a Phase 3 treatment for autoimmune pulmonary alveolar proteinosis. If approved, the funding will support the U.S. launch and commercialization of MOLBREEVI.

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