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Gains heart failure drug
June 28, 2012
By: Tim Wright
Editor-in-Chief, Contract Pharma
Janssen-Cilag GmbH has completed the acquisition of CorImmun GmbH, a privately held drug development company, for an undisclosed upfront payment and future milestones. CorImmun’s lead compound, COR-1, is a small cyclic peptide in early clinical development for the treatment of heart failure. COR-1 has been shown in preclinical studies to improve heart function by decreasing autoimmune, beta 1 receptor-simulating antibody effects. Janssen and its affiliates assume full development and glo...
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