Danish diabetes care giant Novo Nordisk (NOV: N) has signed an agreement with Janssen Biotech, a unit of US health care giant Johnson & Johnson (NYSE: JNJ).
Under the terms of the deal, Janssen will acquire an exclusive global licence to further develop and commercialize a clinical program focused on therapy within autoimmune diseases. The program targets modulation of certain immune cells via a cell surface receptor (NKG2D receptor). Terms of the agreement have not been disclosed.
The agreement is subject to final clearance under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) with the US Department of Justice Antitrust Division and the Federal Trade Commission.
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