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Evotec's in vitro screens key to Harvard-J&J beta cell deal for diabetes
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Screening beta
By Erin McCallister
Senior Writer
Published on
Monday, July 30, 2012
In the last 16 months Evotec
AG has done two deals using its porcine beta cell screening technology.
The first was a collaboration with Harvard
University to discover diabetes therapies targeting beta cell
regeneration. This month, Johnson
& Johnson snapped up the resulting portfolio of small molecules and
biologics.
J&J's Janssen
Pharmaceuticals Inc. subsidiary has exclusive rights to develop and commercialize
the drug candidates for Type I and Type II diabetes. Evotec and Harvard will
share the $8 million upfront payment, as well as potential milestone payments
of up to $300 million per product plus royalties.
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