Skip to main content

Prurigo Nodularis — Deal Benchmarks & Valuation

Median Upfront
$380M
Range: $209M - $545M
Total Deal Value
$2.0B
Range: $1.3B - $2.8B
Royalty Rate
6.5% - 12.9%
Tiered up to 16.9%
Dev Milestones
$334M
Range: $224M - $444M

Market Analysis

Prurigo Nodularis is one of the most actively transacted indications in dermatology licensing. Phase 2 deals for prurigo nodularis carry a median total deal value of $2.0B, with upfront payments ranging from $209M to $545M. The recommended deal structure allocates approximately 19% to upfront payments and 81% to milestones.

Milestone structures for prurigo nodularis deals allocate $334M to development milestones, $417M to regulatory milestones, and $917M to commercial milestones. Royalty rates range from 6.5% to 12.9% at the base tier, with tiered escalation reaching 10.5%-16.9% 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 prurigo nodularis licensing?
Phase 2 prurigo nodularis licensing deals average $380M in upfront payments with $2.0B total deal value. The 19/81 upfront/milestone split reflects the risk profile at this clinical stage.
What royalty rates are standard for prurigo nodularis deals?
Base royalty rates for prurigo nodularis transactions range from 6.5% to 12.9%, with tiered escalations reaching 10.5%-16.9% on peak sales. Rates are influenced by mechanism differentiation, competitive positioning, and territorial scope.
How are prurigo nodularis deal milestones structured?
Prurigo Nodularis deals allocate approximately 81% of total deal value to milestones. Development milestones ($334M) make up the largest share, followed by commercial milestones ($917M) and regulatory milestones ($417M).
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