Latest

01
Feb
The Weekly Term Sheet (2026-W04)

The Weekly Term Sheet (2026-W04)

The final week of January 2026 delivered the largest licensing deal of the year so far, a collapsed mega-merger, and
38 min read
31
Jan
Liens in Pharmaceutical Royalty Financing Transactions

Liens in Pharmaceutical Royalty Financing Transactions

2025-2026 Market Overview: Record Volume Reshapes the Landscape Before diving into the technical intricacies of liens, it is worth pausing
41 min read
30
Jan
Fund of the week: SLR Capital

Fund of the week: SLR Capital

SLR Investment Corp. (NASDAQ: SLRC) is a New York-based business development company externally managed by SLR Capital Partners, a specialty
14 min read
29
Jan
Company of the week: Mendra

Company of the week: Mendra

Executive Summary Mendra, Inc. is a newly launched San Francisco-based biopharmaceutical company targeting high-unmet-need rare diseases. In January 2026, the
13 min read
28
Jan
GCC Pharmaceutical Industry: Sovereign Wealth Funds and Local Manufacturers

GCC Pharmaceutical Industry: Sovereign Wealth Funds and Local Manufacturers

The Gulf Cooperation Council (GCC) pharmaceutical industry is undergoing significant structural changes as sovereign wealth funds deploy capital and local
26 min read
27
Jan
Why Pension Funds Are Investing in Pharmaceutical Royalties

Why Pension Funds Are Investing in Pharmaceutical Royalties

The Pension Fund Challenge—And Why Royalties Address It Defined benefit pension plans face a structural dilemma: actuarial assumptions of
19 min read
26
Jan
Indication-Specific Royalties in Pharma and Medtech: Structure, Allocation, and Recent Deals

Indication-Specific Royalties in Pharma and Medtech: Structure, Allocation, and Recent Deals

What Are Indication-Specific Royalties? Indication-specific royalties are royalty financing or licensing arrangements where payments are tied only to sales of
27 min read
25
Jan
The Weekly Term Sheet (2026-W03)

The Weekly Term Sheet (2026-W03)

The third week of January, recorded over $10 billion in confirmed and potential transaction value across 30+ biotech, pharmaceutical, and
19 min read
24
Jan
Monetizing Mature Pharmaceutical Assets: Consumer Health, Biosimilars, and Post-LOE Biologics

Monetizing Mature Pharmaceutical Assets: Consumer Health, Biosimilars, and Post-LOE Biologics

The pharmaceutical royalty market has deployed over $29 billion since 2020 into patent-protected assets—yet systematically ignores a parallel universe
22 min read
23
Jan
Fund of the week: BCM Europe AG

Fund of the week: BCM Europe AG

BCM Europe AG occupies an unusual position in the pharmaceutical financing landscape. The Zug-based investment company has quietly assembled control
17 min read