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Mergers & Acquisitions
Nanobiotix partners with Janssen
by Laura Howes
July 16, 2023
| A version of this story appeared in
Volume 101, Issue 23
The biotech firm Nanobiotix has entered a global licensing deal with the Johnson & Johnson subsidiary Janssen Pharmaceuticals. As part of the deal, Janssen will develop and commercialize NBTXR3, a radioenhancer for treating cancer currently in Phase 3 clinical trials. Nanobiotix will get $60 million, split evenly between up-front cash and in-kind support. The agreement also provides for up to $1.8 billion in milestone payments.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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