According to GlobalData’s Pharma Intelligence Centre, Ultomiris and Monjuvi have predicted sales of $3.65bn and $148m. Image credit: Shutterstock/JHVEPhoto.

OMERS Life Sciences has acquired a portion of royalties and milestones for drugs as part of Xencor’s licensed partnerships for $215m.

The financial interest deal is for Alexion Pharmaceuticals’ Ultomiris (ravulizumab-cwvz) and MorphoSys AG’s Monjuvi (tafasitamab-cxix). Xencor has had deals with MorphoSys AG and AstraZeneca’s rare disease business Alexion since 2010 and 2013, respectively.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The deals saw Xencor provide both companies with its Xtend Fc domains, which increase the half-life of antibodies, in return for royalties on drug sales and milestone payments.

OMERS has acquired royalties on global sales of Ultomiris from 1 July 2023 onwards, with annual caps beginning in 2026. Xencor will still be eligible for new sales-based milestone payments from OMERS, based on a 7 November press release.

OMERS has also acquired royalties on global sales of Monjuvi, also known as Minjuvi outside of the US, from 1 July 2023 onwards until it has received 1.3 times the value of the Monjuvi purchase price.

As per its US Food and Drug Administration (FDA) label, Ultomiris is indicated for the treatment of paroxysmal nocturnal haemoglobinuria and atypical haemolytic uremic syndrome to inhibit complement-mediated thrombotic microangiopathy. It is also approved to treat generalised myasthenia gravis in patients who are anti-acetylcholine receptor (AChR) antibody-positive.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Monjuvi is an antibody indicated for the treatment of relapsed or refractory diffuse large B-cell lymphoma (DLBCL) in combination with lenalidomide.

According to GlobalData’s Pharma Intelligence Centre, Ultomiris and Monjuvi have predicted sales of $3.65bn and $148m.

GlobalData is the parent company of Pharmaceutical Technology.

Canada-based OMERS is a public pension plan, with its Life Sciences division investing on the plan’s behalf. The fund has generated C$127.4bn ($92.49bn) in net assets as of June 2023.

Xencor CEO Bassil Dahiyat said: “A strengthened financial position offers us additional flexibility to execute our internal clinical development programs with the greatest potential for success, and importantly, we are retaining potential economic upside from the sales performance of Ultomiris and Monjuvi/Minjuvi.”