02 Nov High-priced drug development deal for Arrowhead Pharmaceuticals takes effect
Arrowhead Pharmaceuticals has finalized its agreement with Janssen Pharmaceuticals that’s worth $250 million for Arrowhead, just to start.
The waiting period under the Hart-Scott Rodino Antitrust Act expired with no problems expressed by regulators, the companies said Wednesday.
Janssen — part of the Johnson & Johnson conglomerate — will give Arrowhead $175 million upfront for the worldwide exclusive license for Arrowhead’s ARO-HBV drug to treat chronic hepatitis B and options to work with Arrowhead on drugs to fight up to three more diseases.
Sorry, the comment form is closed at this time.