Ali Hedayat
Thank you, operator, and good morning, everyone. We appreciate you taking the time to join us today.
Joining me are Navin Jacob, Chief Investment Officer, and Zaheed Mawani, Chief Financial Officer. I will start the call by providing an overview of our operating highlights. Navin will then discuss our portfolio assets, share an update on the market outlook, and provide more insights on our recently announced acquisition of the Veligrotug and VRDN-003 royalties. Finally, Zaheed will cover our key financial highlights before we move on to the Q&A session.
We are pleased with our third quarter results, which reflect the continued strength and resilience of our portfolio, solid execution across our business, and the early benefits of our transition to an internalized structure.
The third quarter marked our first full quarter operating as an internalized company. I am proud of the performance we delivered during this period, with strong results across all our key financial metrics.
Our portfolio saw double-digit cash receipt growth, led by the Orserdu, Xolair, and Rydapt franchises. This growth was partially offset by lower performance from Omidria and some persisting headwinds in the market.
Thank you again for joining us, and we look forward to sharing more details throughout the call.
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