Skip to main content

Pemphigus — Deal Benchmarks & Valuation

Median Upfront
$581M
Range: $308M - $840M
Total Deal Value
$3.0B
Range: $1.9B - $4.2B
Royalty Rate
14% - 23.4%
Tiered up to 27.4%
Dev Milestones
$489M
Range: $314M - $667M

Market Analysis

Pemphigus is one of the most actively transacted indications in immunology licensing. Phase 2 deals for pemphigus carry a median total deal value of $3.0B, with upfront payments ranging from $308M to $840M. The recommended deal structure allocates approximately 19% to upfront payments and 81% to milestones.

Milestone structures for pemphigus deals allocate $489M to development milestones, $856M to regulatory milestones, and $1.1B to commercial milestones. Royalty rates range from 14% to 23.4% at the base tier, with tiered escalation reaching 18%-27.4% 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 pemphigus licensing?
Phase 2 pemphigus licensing deals average $581M in upfront payments with $3.0B total deal value. The 19/81 upfront/milestone split reflects the risk profile at this clinical stage.
What royalty rates are standard for pemphigus deals?
Base royalty rates for pemphigus transactions range from 14% to 23.4%, with tiered escalations reaching 18%-27.4% on peak sales. Rates are influenced by mechanism differentiation, competitive positioning, and territorial scope.
How are pemphigus deal milestones structured?
Pemphigus deals allocate approximately 81% of total deal value to milestones. Development milestones ($489M) make up the largest share, followed by commercial milestones ($1.1B) and regulatory milestones ($856M).
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