Royalty Pharma Discusses Policy Risks, Expands AI Capabilities, and Targets China
What happened
Royalty Pharma stated that it is monitoring a shifting biopharma policy environment while maintaining a disciplined approach to capital deployment and leverage. The company is expanding its artificial intelligence capabilities and building a presence in China. Royalty Pharma also hired an executive from Goldman Sachs to lead its China operations.
From dailypolitical.com
Why it matters
The company views artificial intelligence as a tool to improve and accelerate due diligence by processing information from pharmaceutical and biotechnology partners more quickly. Royalty Pharma aims to be viewed as a strategic partner to help its partners grow, rather than purely a financial one.
From dailypolitical.com
Who's involved
- Royalty PharmaBiopharmaceutical company focused on strategic expansion and policy monitoring.
- Goldman SachsFinancial services firm whose executive was hired by Royalty Pharma for its China team.
Keep exploring
The entities involved
-
Royalty Pharma
biopharmaceutical company based in New York City
-
Goldman Sachs
American investment bank