6:55 PM
May 19, 2015
 |  BC Extra  |  Top Story

Achillion, Janssen partner to develop HCV combo

Achillion Pharmaceuticals Inc. (NASDAQ:ACHN) granted the Janssen Pharmaceuticals Inc. subsidiary of Johnson & Johnson (NYSE:JNJ) exclusive, worldwide rights to develop and commercialize treatment regimens containing Achillion's HCV assets. Achillion's HCV pipeline includes ACH-3102, a pan-genotypic, second-generation HCV NS5A protein inhibitor; ACH-3422, a small molecule nucleotide prodrug inhibitor of HCV NS5B; and sovaprevir, a selective inhibitor of HCV NS3 protease.

J&J's venture arm, Johnson & Johnson Innovation-JJDC Inc., invested $225...

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