Sutro inks $390M roy­al­ty fi­nanc­ing deal with Black­stone; Clin­i­cal hold on Phar­varis' HAE drug lift­ed

Sutro Bio­phar­ma is land­ing a $140 mil­lion up­front in ex­change for hand­ing off its roy­al­ty in po­ten­tial fu­ture sales of Vax­cyte’s can­di­dates.

The deal, …

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