Pharma BD Deal Intelligence

Johnson & Johnson / Aragon Pharmaceuticals Inc.

2013 · Acquisition/Merger · $1.0B · Complete

CALLED IT — OFF BY 1
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The coverage arc

Jun 18, 2013 FierceBiotech Bullish

FierceBiotech framed the deal as J&J 'snagging another promising prostate cancer drug' that complements blockbuster Zytiga, with Janssen oncology head Peter…

Jun 18, 2013 Zacks (via Nasdaq) Bullish

Zacks noted J&J shares ticked up ~0.85% on the announcement while Medivation shares fell ~6.78%, signaling investor expectation that ARN-509 could meaningfully…

Sep 30, 2013 FirstWord Pharma Neutral

FirstWord characterized ARN-509 as J&J's 'billion-dollar prostate cancer bet' and surfaced the late-stage development path designed to leverage Zytiga's…

Source summaries from our enrichment pipeline; follow links for originals.

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J&J to acquire Aragon for $650M upfront + up to $350M milestones ($1B total); pre-close, Aragon spun out non-AR (estrogen receptor degrader) program as Seragon Pharmaceuticals.

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Key facts

Related deals — scored

DealYearValueOutcome
Johnson & Johnson / Aragon Pharmaceuticals Inc. (this deal)2013$1.0B89
Johnson & Johnson / Legend Biotech Corporation2017$9.0B96
Johnson & Johnson / Centocor Inc.1999$4.9B92
Johnson & Johnson / Cougar Biotechnology, Inc.2009$970M91
Johnson & Johnson / Actelion Ltd2017$30.0B90
Johnson & Johnson / Legend Biotech Corporation2017$350M83
Johnson & Johnson / Genmab A/S2012$3.0B77

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