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Stock impact report

Royalty Pharma, Johnson & Johnson Strike $500M Autoimmune Drug Deal [Yahoo! Finance]

Royalty Pharma plc - Class A Ordinary Shares (RPRX) 
US:NASDAQ Investor Relations: ir.reprosrx.com/investor-relations
Company Research Source: Yahoo! Finance
On March 30, Reuters reported that Royalty Pharma entered into a $500 million research and development agreement with Johnson & Johnson (NYSE:JNJ) to support an experimental antibody treatment for autoimmune diseases. Shares of JNJ moved up nearly 0.7% in premarket trading following the news. The agreement will run through 2026 and 2027 and focuses on the development of JNJ-4804. The therapy is designed to target IL-23 and TNF, two immune pathways that play a role in autoimmune inflammation. Royalty Pharma CEO Pablo Legorreta said the treatment shows promise for patients dealing with chronic immune-related conditions. He also pointed out that the deal builds on the company's earlier work in immunology, including investments in therapies targeting TNF. Royalty Pharma already collects royalties on more than 35 commercial products. That list includes Biogen's Tysabri and Johnson & Johnson's Tremfya, both widely used in autoimmune treatments. Johnson & Johnson (NYSE:JNJ) operates a Show less Read more
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