Pharma Deals Review, Vol 2021, No 4 (2021)

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Janssen Ups Influenza Investment with US$780 M Bet on Cidara’s AVC Platform

Michelle Liu

Abstract


Janssen Pharmaceuticals has entered into a worldwide license and collaboration agreement with Cidara Therapeutics to develop antiviral conjugates (AVCs) for the prevention and treatment of influenza. The deal, which is worth up to US$780 M, gives Janssen access to Cidara’s Cloudbreak® antiviral platform that generates AVCs with potent antimicrobial activity and immune system engagement in a single long-acting molecule. Interestingly, the deal comes seven months after Janssen terminated development of its Phase III influenza A treatment pimodivir following an interim analysis.

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