Pharma BD Deal Intelligence

Johnson & Johnson / Fate Therapeutics, Inc.

2020 · Co-Development · $3.1B · Terminated

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Apr 02, 2020 BioPharma Dive Bullish

Fate Therapeutics will work with Johnson and Johnson on iPSC-derived CAR cell therapies in a deal worth up to 3.1 billion dollars. Janssen Biotech will pay…

Apr 02, 2020 Reuters Bullish

Johnson and Johnson's pharmaceutical unit Janssen Biotech struck a worldwide collaboration deal with Fate Therapeutics worth as much as 3.1 billion dollars on…

Jan 09, 2023 Fierce Biotech Bearish

Fate Therapeutics and Janssen have ended their worldwide collaboration on iPSC-derived CAR cell therapies, terminating a deal originally valued at up to…

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Fate Therapeutics and Janssen Biotech (J&J) announced a worldwide collaboration to develop iPSC-derived CAR NK and CAR T-cell product candidates against up to four tumor-associated antigens. Fate received $50M upfront cash plus $50M equity investment, with eligibility for up to $1.8B in development/regulatory and $1.2B in commercial milestones, plus double-digit royalties. Janssen funded R&D through IND.

Key facts

Related deals — scored

DealYearValueOutcome
Johnson & Johnson / Fate Therapeutics, Inc. (this deal)2020$3.1B
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 / Aragon Pharmaceuticals Inc.2013$1.0B89
Johnson & Johnson / Legend Biotech Corporation2017$350M83

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