Big pharma, Biotech, Partnering, Pharma

Aduro signs a pharma deal worth $847 million with Janssen

Posted on 17 October 2014

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Aduro Biotech just inked a pharma deal with the Johnson & Johnson Innovation Center in California to help it develop its nascent lung cancer therapies.

Janssen Biotech, part of the Janssen Pharmaceutical Companies of Johnson & Johnson (JNJ), will receive an exclusive, worldwide license to several of the cancer drugs in Aduro’s LADD immunotherapy platform

Aduro will receive a $30 million up front and as much as $817 million as it hits development, regulatory and commercialization milestones payments.

The company’s primary focus is experimental therapies using Listeria bacteria, which they genetically modify with disease-specific antigens. It had an earlier, existing partnership with Johnson & Johnson, but the larger company appears to be doubling down on the company as research evolves.

Aduro lauded the agreement as a major step forward for the tiny biotech.

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