Credit:hakat/Adobe Stock Davis Polk Advises Cellular Biomedicine Group In Deal Teaming With Janssen Biotech to Commercialize Cancer Drug
This suit was surfaced by Law.com Radar. Read the complaint here.
May 04, 2023 at 03:54 PM
1 minute read
Deals
Cellular Biomedicine Group Inc. announced that it has entered into a global collaboration and licensing agreement with Janssen Biotech Inc. to develop and commercialize Non-Hodgkin lymphoma drugs. Cellular Biomedicine will receive $245 million in upfront payments and milestone payments upon certain clinical development and sales achievements. Rockville, Maryland-based Cellular Biomedicine was advised by a Davis Polk & Wardwell team that included partner David R. Bauer. Counsel information for Janssen Biotech, which is based in Montgomery County, Pennsylvania, was not immediately available.
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