GREY:BIOAF - Post by User
Comment by
Boomskidon Feb 01, 2023 3:22pm
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Post# 35260397
RE:RE:RE:Jannsen Biotech extends its partnership with BTI on xB3!!
RE:RE:RE:Jannsen Biotech extends its partnership with BTI on xB3!!Over the last few days I've had a number of shareholders tell me that the J&J/Janssen deal has been extended.
I think that extending the deal likely means that the two sides are ignoring the deadline and that Janssen's option on the drug/disease combination is still alive and well. Until the option is exercised, I very much doubt that Janssen is able to move beyond the work included in the original agreement.
But even that may not mean much. Bioasis extended Prothena's options, perhaps unilaterally, and it meant nothing.
It's not news until there's news.
jd