GRIN

$PTC Therapeutics(PTCT.US)$ ?????????????? Royalty Pharma Announces Agreement to Purchase Up to $1.5 Billion of PTC Therapeutics' Royalty on Evrysdi -- Royalty Pharma purchases a portion of royalties on Roche's Evrysdi for
$1.0 billion upfront
-- PTC Therapeutics has option to sell rest of royalty for up to $500
million; Royalty Pharma has option to buy half of rest of royalty for up
to $250 million
-- Transaction expected to enhance long-term Adjusted Cash Receipts growth
(non-GAAP)
-- Royalty Pharma to host conference call today, Thursday, October 19 at
9:00am EDT
NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) announced today an agreement with PTC Therapeutics, Inc. to acquire additional royalties on Roche's Evrysdi for $1.0 billion upfront. The agreement includes options for PTC to sell up to all of its retained royalties on Evrysdi for up to $500 million or for Royalty Pharma to acquire half of such retained royalties for up to $250 million at a later date.

This was a great earnings.It was a grand slam for sure.

I am glad I did not sell.This stock is going places.

Hopefully we get a good earnings.I am taking my chances and holding for earnings.All indications seem to point to a good earnings.

Earnings Wednesday should be good on Wednesday.

Hopefully we will be up by the end of the week.

I don’t know why this stock is going down so much today.

Hopefully we will a great earnings next week.

So far things look pretty good today.This is a great stock that has been around since 1910.I love the great dividend and one of the analysts gave it a 32 price target.

So far things look pretty good today.This is a great stock that has been around since 1910.I love the great dividend and one of the analysts gave it a 32 price target.