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Ionis Earns Milestone Payment From Janssen

Gets $5 million for advancing a new program under GI collaboration

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Ionis Pharmaceuticals has earned a $5 million milestone payment from Janssen Biotech associated with the validation of an undisclosed target to treat patients with a gastrointestinal (GI) autoimmune disease. Ionis and Janssen will continue to evaluate the target with the goal of advancing an antisense drug into development. “In just two short years, our collaboration with Janssen has proven to be very successful. Earlier this year, we earned $10 million when Janssen licensed IONIS-JBI1-...

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