Numab NM26 news29 May 2024 23:48
Pity Pyc not receiving any % royalties for work carried out on NM 26.
Previously:-
Congratulations to our client Numab Therapeutics AG on this fantastic achievement! Great to have worked with Numab on the NM26 programme
“We have worked with Physiomics on a PK/PD modelling project for our molecule NM26-2198, intended for use in patients with inflammatory disease. The work has been highly productive, valuable and enjoyable. The Physiomics team are knowledgeable, helpful and dedicated to provide the expertise required to bring the project to fruition. Based on this excellent collaboration we will certainly be working with Physiomics again.”
Daniel Snell, VP Translational Science
Now:-
Numab is thrilled to announce that Johnson & Johnson has entered into a definitive agreement to acquire Yellow Jersey Therapeutics, a wholly-owned subsidiary of Numab that holds the rights to NM26. NM26 is an investigational first-in-class bi-specific antibody for the treatment of moderate-to-severe atopic dermatitis, discovered and engineered through Numab’s proprietary MATCH™ technology platform.
Johnson & Johnson will pay a purchase price of $1.25 billion and will gain the full rights to develop, manufacture and commercialize NM26 globally for atopic dermatitis and follow-on indications. This acquisition further validates our discovery and engineering platform and its potential to bring novel multi-specific antibodies to underserved patient populations.
https://numab.com/wp-content/uploads/240528_PRR_Numab-Therapeutics-Announces-JnJ-to-Acquire-YJT.pdf