Royalty Pharma PLC (FRA:RPD)
€ 47.47 +0.17 (+0.35%) Market Cap: 21.95 Bil Enterprise Value: 31.25 Bil PE Ratio: 31.34 PB Ratio: 3.62 GF Score: 70/100

Royalty Pharma PLC at Citi Global Healthcare Conference Transcript

Dec 02, 2025 / 08:15PM GMT
Release Date Price: €33.34 (-0.57%)
Geoffrey Meacham
Citi Infrastructure Investments LLC - Analyst

(audio in progress) biopharma analyst. And today, we have Royalty Pharma. We have Terry Coyne, CFO; Marshall Urist, EVP, Head of R&I, Research and Investments. I once said R&D and people got really -- [Dino] like almost fired me.

Questions & Answers

Geoffrey Meacham
Citi Infrastructure Investments LLC - Analyst

So I guess on the back of a very successful year, maybe, Terry, this is for you. You got rid of the external manager. You did a buyback. You sort of have the gradient of like, is it buybacks? Is it uses of cash?

You're obviously going to still invest in new assets, right? But help us with kind of where you are in that process? Are the price of assets change over the course of this year to where you would tilt towards maybe continued buybacks? Or just help us with kind of that thought.

Terrance Coyne
Royalty Pharma PLC - Chief Financial Officer

Yes. So you mentioned the internalization that was a big strategic

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