
Janssen Signs Deal with PeptiDream
Janssen will have access to PeptiDream’s proprietary Peptide Discovery Platform System technology, which will be used to identify peptides against multiple metabolic and cardiovascular targets.
Biopharmaceutical company PeptiDream, headquartered in Tokyo, Japan
Janssen will hold an exercisable option to peptide-drug conjugate (PDC) use and applications. Janssen will also have the right to develop and commercialize all compounds resulting from this collaboration.
In return, PeptiDream would receive an undisclosed upfront payment and research funding and is eligible to receive preclinical, clinical, and commercialization milestone payments potentially totaling up to $1.15 billion. In addition, PeptiDream will be entitled to royalties on sales of any products that arise from the collaboration.
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