follow us:Google+ FacebookLinkedInTwitterRSS Feeds

advertisement

J&J completes $650M acquisition of Aragon Pharmaceuticals

By

Back to Top Comments Email Print

New Brunswick-based Johnson & Johnson announced it has successfully completed its acquisition of Aragon Pharmaceuticals Inc. The deal closed for $650 million in cash upfront, with the potential for an additional $350 million in future milestone payments, spokesman Al Wasilewski said today.

Those numbers mirror what was first reported on the acquisition in June.

Development of compounds from Aragon's androgen receptor antagonist program, including its lead androgen receptor signaling inhibitor, ARN-509, will be managed by Janssen Research & Development LLC.

Digital content editor Joe Ross is @joeross on Twitter.

Share This Story On:

Write to the Editorial Department at editorial@njbiz.com

advertisement

Comments


Be the first to comment.



Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
     View Comment Policy

Advanced search
Sponsored by
advertisement
  
  
advertisement
  
  
advertisement
Back to Top