Royalty Pharma and Biohaven Pharmaceutical enter into zavegepant funding agreement and Nurtec™ ODT royalty agreement

Client(s) RP Management LLC

Jones Day advised Royalty Pharma in the acquisition of approximately 3% in Biohaven Pharmaceutical Holding Company Ltd.’s royalty rights in Biohaven’s zavegepant (formerly known as vazegepant), a 0.4% royalty of Nurtec™ ODT and success-based milestone payments, for an upfront payment of $150 million and a further payment of $100 million upon the start of the oral zavegepant Phase 3 program.