ROYAL BIOLOGICS, INC.
ROYAL BIOLOGICS, INC. reported $492.4K in payments to physicians and teaching hospitals across 302 transactions in CMS Open Payments PY 2024.
Pharmaceutical payment transparency data for ROYAL BIOLOGICS, INC.. Ranked #722 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.
Payment Overview
Total Payments
$492.4K
0.0% of all payments
Transactions
302
$1.6K avg
Recipients
287
$1.7K avg
Industry Rank
#722
of 1,797 companies
What the Data Shows for ROYAL BIOLOGICS, INC.
In Program Year 2024, ROYAL BIOLOGICS, INC. reported $492,361.60 in payments to 287 physicians and teaching hospitals across 302 individual transactions — an average of $1.6K per transaction and $1.7K per recipient. That total places ROYAL BIOLOGICS, INC. at rank #722 out of 1,797 companies in the CMS Open Payments database, representing 0.0% of all industry payments reported nationwide for the year. Payment volume at this scale is characteristic of manufacturers with broad prescriber engagement, active clinical research programs, or patented therapies generating ongoing royalty obligations.
The payment mix for ROYAL BIOLOGICS, INC. spans 5 distinct categories defined by CMS — including general payments (consulting, speaker fees, meals, travel), research payments tied to clinical trials, and ownership or investment interests. The largest single category is "Royalty or License" at $225.2K, accounting for 45.7% of the company's reported total and 56 transactions. This distribution matters because different payment types carry different regulatory and ethical implications: research funding supports clinical development, while general payments like meals and speaker fees have been studied for their correlation with prescribing patterns in peer-reviewed journals such as JAMA Internal Medicine.
Recipient concentration is another useful lens. The top 5 recipients of payments from ROYAL BIOLOGICS, INC. received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 287 recipients. A relatively distributed top-5 share suggests broader engagement across the prescriber community rather than concentration among a handful of high-value relationships. All figures above are drawn directly from the CMS Open Payments Public Use Files for PY2024 and are disclosed under the Physician Payments Sunshine Act; this page summarizes reported financial transfers and does not represent medical advice or judgment about individual prescribing decisions.
Payment Breakdown by Type
ROYAL BIOLOGICS, INC. made 5 types of payments. "Royalty or License" accounts for 45.7%.
45.7% · 56 transactions
34.9% · 89 transactions
2.4% · 133 transactions
1.1% · 1 transactions
0.2% · 8 transactions
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Royalty or License | $225.2K | 56 | 45.7% |
| Consulting Fee | $171.9K | 89 | 34.9% |
| Food and Beverage | $12.0K | 133 | 2.4% |
| Travel and Lodging | $5.5K | 1 | 1.1% |
| Entertainment | $926.09 | 8 | 0.2% |
Payment Size Analysis
Average transaction size: $1.6K. Average per recipient: $1.7K.
Total Amount
$492,361.60
Avg per Transaction
$1.6K
Avg per Recipient
$1.7K
Payment Transparency Context
The Physician Payments Sunshine Act (part of the Affordable Care Act) requires pharmaceutical and medical device manufacturers to report payments and transfers of value to physicians and teaching hospitals. These payments can include consulting fees, research grants, speaker fees, food and beverages, travel, royalties, and other forms of compensation.
Industry Total (2024)
$13.3B
across 1,797 companies
ROYAL BIOLOGICS, INC. Share
0.0%
#722 by total payments
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Frequently Asked Questions
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Data Source: Centers for Medicare & Medicaid Services (CMS) Open Payments, Program Year 2024. Data includes general payments, research payments, and physician ownership/investment interests as required by the Physician Payments Sunshine Act. Total industry payments: $13.3B across 1,797 companies.
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Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.
Read our methodology — how this data is sourced, computed, and verified.