Jubilant and Janssen Form Drug Discovery Alliance
Janssen will transfer ongoing efforts on selected drug discovery targets to Jubilant. Jubilant will carry out research services and deliver preclinical candidates to Janssen.
Jubilant Discovery Services, a Jubilant Life Sciences Company, has inked a drug discovery agreement with Janssen Pharmaceutica N.V., Beerse, Belgium. The alliance is set to span an initial period of three years and will focus on multiple targets in the area of neuroscience.
Under the terms, Janssen will transfer ongoing efforts on selected drug discovery targets to Jubilant. Jubilant will carry out research services and deliver preclinical candidates to Janssen for possible further development and commercialization. In addition to research funding, Jubilant may also be eligible to receive milestones and royalties should Janssen successfully develop and commercialize the candidates.
Commenting on this development, Sri Mosur, Jubilant's chief executive officer and president, G
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