Sevion in antibody discovery accord with Johnson & Johnson Innovation and Janssen

22 December 2014

USA-based biopharma firm Sevion Therapeutics (OTCQB: SVON) has entered into a collaboration agreement with CNA Development, an affiliate of Janssen Pharmaceuticals, to discover antibodies using Sevion’s spatially addressed library platform.

The collaboration, facilitated by Johnson & Johnson’s (NYSE: JNJ) J&J Innovation center in California, will include discovery of antibodies against multiple targets in several therapeutic areas.

Sevion and Janssen will jointly conduct research on antibodies discovered by Sevion, and Janssen will have an option to an exclusive license to develop, manufacture, and commercialize candidates resulting from the collaboration.

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