Metamark could earn over $365 million from Janssen deal

20 December 2011

Privately-held US firm Metamark Genetics has entered into a research, collaboration and license agreement with Janssen Biotech, marking a second oncology-related deal for this subsidiary of US health care major Johnson & Johnson (NYSE: JNJ). This latest deal is based on Metamark's discovery platform for the identification and characterization of specific proprietary cancer targets demonstrated to play a causal role in promoting tumor progression and spread (Prognosis Determinants).

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