JnJ enters licensing agreement for global development, manufacturing, commercialization of STAT6 program from Kaken Pharma
Written By : Ruchika Sharma
Medically Reviewed By : Dr. Kamal Kant Kohli
Published On 2024-12-27 04:30 GMT | Update On 2024-12-27 04:30 GMT
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New Brunswick: Johnson & Johnson has announced that it has entered into an exclusive licensing agreement for the global development, manufacturing and commercialization of a STAT6 program for autoimmune and allergic diseases, including atopic dermatitis (AD), from Kaken Pharmaceutical.
Johnson & Johnson gains an exclusive license to Kaken’s STAT6 program, including lead candidate KP-723. Kaken will retain the commercialization rights in Japan, where Johnson & Johnson will have an option to enter into a co-promotion agreement with Kaken. Separately, Kaken is eligible to receive an equity investment from Johnson & Johnson Innovation – JJDC, Inc., the venture capital organization of Johnson & Johnson.
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