Multiple Myeloma Licensing Deal Benchmarks
Market Analysis
Multiple myeloma is among the most actively licensed hematologic indications, driven by a large and growing patient population and a well-defined treatment landscape with multiple lines of therapy. Phase 2 myeloma deals carry a median total deal value of $2.4B, with upfront payments between $213M and $596M.
Deal structures reflect the established development pathway in myeloma. Development milestones average $512M, while regulatory milestones contribute $819M and commercial milestones reach $717M. The overall structure splits approximately 16% upfront and 84% milestones.
Royalty rates for myeloma licensing agreements range from 13.3% to 21.7% at the base tier, escalating to 25.7% on high-volume sales. Bispecific antibodies targeting BCMA, GPRC5D, and FcRH5 are commanding the highest valuations, followed by novel CAR-T approaches and next-generation immunomodulators.
Customize these benchmarks for your asset
Adjust phase, modality, competitive position, and 10+ other parameters.
Frequently Asked Questions
What are benchmark deal terms for multiple myeloma licensing?
Which modalities dominate myeloma licensing deals?
How do myeloma deal terms vary by line of therapy?
What royalty rates are standard for myeloma licensing?
Ready to Calculate Your Deal Terms?
Get instant, customized benchmarks based on real market data from 600+ biopharma licensing deals.
Start Calculating