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Veridex, Mass Gen work on circulating tumor cell technology
23 Apr 2020
Executive Summary
Johnson & Johnson’s Veridex LLC (cancer diagnostics) and Massachusetts General Hospital will together develop and market a next-generation circulating tumor cell (CTC) technology to capture, count, and characterize tumor cells located in a patient’s blood. The five-year deal is worth $30mm, consisting of a technology license fee and milestones, plus royalties.
Deal Industry
- In Vitro Diagnostics
- Pharmaceuticals
-
In Vitro Diagnostics
- Chemistry, Immunoassay
-
Biotechnology
- Drug Discovery Tools
Deal Status
- Final
Deal Type
-
Alliance
- Includes Royalty or Profit Split Information
- R&D and Marketing (Licensing)
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