Skip to main content

Insomnia — Deal Benchmarks & Valuation

Median Upfront
$252M
Range: $125M - $380M
Total Deal Value
$2.2B
Range: $1.3B - $3.1B
Royalty Rate
11.3% - 18%
Tiered up to 22%
Dev Milestones
$651M
Range: $400M - $903M

Market Analysis

Insomnia is one of the most actively transacted indications in neurology licensing. Phase 2 deals for insomnia carry a median total deal value of $2.2B, with upfront payments ranging from $125M to $380M. The recommended deal structure allocates approximately 11% to upfront payments and 89% to milestones.

Milestone structures for insomnia deals allocate $651M to development milestones, $711M to regulatory milestones, and $612M to commercial milestones. Royalty rates range from 11.3% to 18% at the base tier, with tiered escalation reaching 15.3%-22% on peak sales.

Customize these benchmarks for your asset

Adjust phase, modality, competitive position, and 10+ other parameters.

Open Calculator

Frequently Asked Questions

What are typical deal terms for insomnia licensing?
Phase 2 insomnia licensing deals average $252M in upfront payments with $2.2B total deal value. The 11/89 upfront/milestone split reflects the risk profile at this clinical stage.
What royalty rates are standard for insomnia deals?
Base royalty rates for insomnia transactions range from 11.3% to 18%, with tiered escalations reaching 15.3%-22% on peak sales. Rates are influenced by mechanism differentiation, competitive positioning, and territorial scope.
How are insomnia deal milestones structured?
Insomnia deals allocate approximately 89% of total deal value to milestones. Development milestones ($651M) make up the largest share, followed by commercial milestones ($612M) and regulatory milestones ($711M).
PRO

Full Benchmark Analysis

Complete deal term ranges, comparable transactions, and negotiation insights.

Start 7-Day Free Trial

$299/mo after trial · Cancel anytime

Ready to Calculate Your Deal Terms?

Get instant, customized benchmarks based on real market data from 1,600+ biopharma licensing deals.

Start Calculating
For Funds & Advisors

Need the full deal landscape?

The Deal Intelligence Brief covers every modality and deal structure for this indication — 52 deal calculations, AI strategic narrative, comparable transactions, partner matching, and white-label branding. Delivered in 24 hours.

Configure Brief — $2,500All-inclusive · White-label · Walkthrough included