Xencor to Receive $105 Million From Alexion to Resolve Ultomiris® U.S. Royalty Matter
Xencor announced a Settlement Agreement with Alexion to resolve a commercial dispute related to U.S. royalties on Ultomoris (ravulizumab-cwvz). Under the agreement, Xencor will receive a payment from Alexion.
Why it matters — The resolution of this royalty dispute and the resulting payment provide clarity on a financial overhang for Xencor.