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0.00228737783322929 0 0 0 0.00644624662091904 0.00723643169058008 0.00644624662091904 0.00935745477230193
Stock impact report

Royalty Pharma Announces R&D Funding Collaboration for Chronic Immune-Mediated Diseases [Yahoo! Finance]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: Yahoo! Finance
development (R&D) co-funding agreement with Johnson & Johnson for a total of $500 million in 2026 and 2027 to advance the development of JNJ-4804, an investigational medicine for autoimmune diseases. JNJ-4804 is a novel co-antibody therapy that blocks the complementary interleukin-23 (IL-23) and tumor necrosis factor (TNF) pathways, delivering synergistic effects on the pathogenesis of chronic immune-mediated diseases. “We are delighted to collaborate with Johnson & Johnson on the clinical development of JNJ-4804,” said Pablo Legorreta, Chief Executive Officer and Chairman of the Board of Royalty Pharma. “Royalty Pharma has a strong track record of investing in immunology, beginning with early disease-modifying biologics including TNF inhibitors. Johnson & Johnson is a recognized leader in immunology and we believe JNJ-4804 holds substantial promise for patients with chronic immune-mediated diseases. We see this as an exciting opportunity that builds on our commitment to partnerin Show less Read more
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