Janssen Agrees to Cell Therapy Deal with Capricor Worth Up to $337.5M

Janssen to pay Capricor $12.5M up front, and as much as $325M if Janssen exercises option rights, plus royalties on sales of CAP-1002
Jan. 7, 2014

Johnson & Johnson’s Janssen Biotech entered into an exclusive license option agreement to develop Capricor Therapeutics’ cell therapy program for cardiovascular applications—including its lead product, CAP-1002, a heart-disease treatment now heading into Phase II clinical trials—in a deal that could net Capricor as much as $337.5 million. Read the full story

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