Janssen Pharmaceuticals (Johnson & Johnson) / PeptiDream Inc.
2017 · Licensing/Option · $1.1B · Complete
Announcement Sentiment
88
Strongly positive
PeptiDream entered a multi-target peptide discovery collaboration with Janssen worth up to $1.15B in preclinical, clinical and commercialization milestones plus undisclosed royalties. Janssen received development and commercialization rights plus an option to peptide-drug conjugate (PDC) applications. Targets cover metabolic and cardiovascular indications. Upfront and research funding undisclosed.
Key facts
AnnouncedApr 07, 2017
ClosedApr 07, 2017
Deal value$1.1B
Deal typeLicensing/Option
Therapeutic areaMetabolic and cardiovascular disease
IndicationsMetabolic and cardiovascular disease
Key assetsMulti-target peptide discovery programs
MechanismPeptide Discovery Platform System (PDPS); peptide-drug conjugates