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Johnson & Johnson and Cougar Biotechnology, Inc. entered a definitive agreement under which J&J will acquire Cougar Biotechnology for approximately $1.0 billion in cash.
May 26, 2009
By: Tim Wright
Editor-in-Chief, Contract Pharma
Johnson & Johnson and Cougar Biotechnology, Inc. entered a definitive agreement under which J&J will acquire Cougar Biotechnology for approximately $1.0 billion in cash. Cougar Biotechnology, a development stage biopharmaceutical company with an oncology focus, has compounds in development for the treatment of prostate cancer, breast cancer and multiple myeloma. The company will work with J&J’s Ortho Biotech Oncology R&D, a unit of Centocor R&D, Inc. Cougar Biotec...
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