Johnson & Johnson To Acquire Numab Therapeutics' Subsidiary For Global Rights To NM26 In Atopic Dermatitis For ~$1.25B In Cash
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Johnson & Johnson is set to acquire Numab Therapeutics' subsidiary for global rights to NM26, a treatment for atopic dermatitis, for approximately $1.25 billion in cash.
May 28, 2024 | 11:32 am
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Johnson & Johnson is acquiring Numab Therapeutics' subsidiary for global rights to NM26, a treatment for atopic dermatitis, for approximately $1.25 billion in cash. This acquisition could strengthen JNJ's portfolio in dermatology.
The acquisition of Numab Therapeutics' subsidiary for NM26 is a significant move for JNJ, potentially enhancing its dermatology portfolio and market position. The $1.25 billion investment indicates a strong commitment to expanding in this therapeutic area.
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