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    Home > Active Ingredient News > Blood System > This year's biggest pharmaceutical acquisition: Johnson and Johnson's $6.5 billion all-cash acquisition of Momenta.

    This year's biggest pharmaceutical acquisition: Johnson and Johnson's $6.5 billion all-cash acquisition of Momenta.

    • Last Update: 2020-10-03
    • Source: Internet
    • Author: User
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    Johnson and Johnson has reached a final deal with Momenta, the US biotech company, to buy Momenta for $52.50 a share in cash, with a total stake worth $6.5bn.
    deal is likely to be completed in the second half of this year.
    deal will give Johnson and Johnson access to a combination of Momenta autoimmune disease drugs, including the anti-FcRn antibody nipocalimab, which is currently being developed to treat the rare neuromuscular disease, severe muscle weakness.
    FcRn is to help IgG recycle, thereby increasing the concentration of autoantibodies in the blood.
    Nipodalimab can reduce the amount of disease-ing autoantibodies in the blood by blocking FcRn's function.
    Photo Source: Nipocalimab's Phase 2 study demonstrates its efficacy and tolerance in patients with severe muscle weakness.
    the drug was also evaluated in phase 2/3 studies to treat warm antibody autoimmune hemolytic anemia (wAIHA).
    nipocalimab treatment wAIHA has recently been awarded the FDA's title of rare pediatric disease, fast-track designation and orphan drug.
    , according to Johnson and Johnson, Nipocalimab's future sales will exceed $1 billion.
    .
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