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Royalty Pharma RPRX Daraxonrasib — Research and development funding expense

Discontinued — last reported Q2 '25

Other product segments

Phase 2b, TEV-408
$14.3M

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Other financials

Income statement

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Revenue$630.6M+11.0%
Operating income$563.0M+5.4%
Net income$294.7M+23.1%
EPS (diluted)$0.67+21.8%

Balance sheet

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Cash & equivalents$586.4M-46.1%
Total debt$9.0B+17.8%
Total equity$9.9B+1.6%
Total assets$19.8B+12.5%

Cash flow

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Operating cash flow$718.2M+20.5%

Valuation

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Market cap$23.48B+52.4%
Enterprise value$31.86B+44.6%
P/E28.4×+14.3×
P/S9.6×+2.8×

Profitability

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Operating margin65.1%-18.9pp
Net margin33.9%-14.4pp

Returns & leverage

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Return on equity8.4%-2.7pp
Debt / equity0.9×+0.1×
Current ratio2.7×+1.1×

Where this comes from

Reported directly by Royalty Pharma in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Royalty Pharma’s 10-Q, filed November 5, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Royalty Pharma's daraxonrasib — research and development funding expense?
Royalty Pharma (RPRX) reported daraxonrasib — research and development funding expense of $250M in Q2 2025.
What does daraxonrasib — research and development funding expense mean?
The total amount of money invested by the company to support the research and development of the Daraxonrasib product candidate.
How do you interpret daraxonrasib — research and development funding expense?
An increase indicates higher investment in the asset's development, potentially signaling progress toward clinical milestones or expanded trial scope, while a decrease may suggest project completion, reprioritization, or cost-saving measures.
How does daraxonrasib — research and development funding expense compare across companies?
Comparable to R&D funding or development-stage investment metrics reported by other pharmaceutical royalty or venture-style investment firms that directly fund clinical trials for their portfolio assets.