Pharma Deals Review, Vol 2012, No 7 (2012)

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Evotec, Harvard and Janssen Form Three-Way Collaboration in Beta Cell Regeneration

Heather Cartwright

Abstract


Germany’s Evotec has licensed a portfolio of small molecules and biologics from its CureBeta regenerative diabetes collaboration with Harvard University and the Howard Hughes Medical Institute to Johnson & Johnson’s Janssen Pharmaceuticals subsidiary. Janssen will pay US$8 M upfront plus approximately US$200–300 M in milestone payments and royalties for each successfully commercialised product resulting from the collaboration. Evotec and Harvard will share all of the payments according to pre-agreed terms.



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