Pharma BD Deal Intelligence

Johnson & Johnson / Vertex Pharmaceuticals (telaprevir ex-NA/ex-Far East rights)

2006 · Asset Purchase · $545M · Complete

WRONG BY 26 POINTS

Incivo/Incivek was a real launch success for two years, then was obsoleted almost overnight by all-oral DAAs — J&J bought out Vertex's royalty in 2013 near the top and still withdrew the drug from Europe by 2016.

Full analysis, sources & comparables →

The coverage arc

Jun 30, 2006 SEC EDGAR (Vertex 8-K exhibit) Neutral

SEC filing exhibit confirms the Vertex-Tibotec collaboration terms, including territorial split (Vertex NA + Far East via Mitsubishi; Janssen ex-NA, ex-Far…

Aug 01, 2014 Wikipedia (Telaprevir) Neutral

Telaprevir achieved 69-75% SVR vs 44% control in genotype 1 treatment-naive patients; FDA approval was unanimous (18-0) in April 2011 with full approval May…

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

All 4 sources with sentiment breakdown →

HCV; $165M upfront + up to $380M milestones; Tibotec/Janssen got ex-NA, ex-Far East rights

Did it work? Outcome assessment

Incivo/Incivek was a real launch success for two years, then was obsoleted almost overnight by all-oral DAAs — J&J bought out Vertex's royalty in 2013 near the top and still withdrew the drug from Europe by 2016.

Strategic verdict
Partially Achieved

Key facts

Related deals — scored

DealYearValueOutcome
Johnson & Johnson / Vertex Pharmaceuticals (telaprevir ex-NA/ex-Far East rights) (this deal)2006$545M49
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

Compare all 7 side-by-side →

See the full interactive analysis, sources & comparables →