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Business
Metabolex links with J&J unit
July 3, 2006
| A version of this story appeared in
Volume 84, Issue 27
Metabolex and Johnson & Johnson's Ortho-McNeil unit have agreed to develop and commercialize Metabolex's two clinical compounds, metaglidasen and MBX-2044. Both are small molecules that treat metabolic diseases, including type 2 diabetes and obesity. Metabolex will get $40 million in financing and could receive up to $508 million if it achieves all milestones.
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