Gastroenterology Preclinical Deal Benchmarks (2026)

Total deal values — including milestones for development, regulatory, and commercial achievements — range from $291M to $1.1B, with a median of $693M. Royalty rates for gastroenterology assets at this stage typically fall between 4.3% and 8.6% of net sales, reflecting the balance between licensor value contribution and licensee commercialization investment.

The Global territory applies a 1x multiplier to base deal economics. This accounts for market size, regulatory complexity, pricing environment, and competitive landscape differences across geographies. Licensors negotiating global rights should calibrate upfront expectations and milestone structures accordingly.