J&J unit gets rights to Alligator Bioscience's immuno-oncology agent ADC-1013

13 August 2015

US health care giant Johnson & Johnson (NYSE: JNJ) subsidiary Janssen Biotech has signed an exclusive, worldwide license agreement with Sweden’s privately-held biotech firm Alligator Bioscience for ADC-1013, an immuno-oncology agent currently in Phase I clinical studies.

The accord marks J&J’s first entry into the immuno-oncology arena, which has seen a great deal of licensing activity recently among pharma majors and biotech firms.

Under terms of the agreement, Janssen will attain rights to develop and commercialize ADC-1013, an agonistic fully human monoclonal antibody. ADC-1013 targets CD40, an immuno-stimulatory receptor found on antigen-presenting cells such as dendritic cells.

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