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VisitWhat will be the impact of the Proteologix acquisition on Johnson & Johnson's market share in atopic dermatitis treatment by the end of 2025?
Significant gain in market share • 33%
Moderate gain in market share • 34%
No significant change in market share • 33%
market share analysis and healthcare reports
Johnson & Johnson to Acquire Proteologix for $850 Million, Including Dual-Targeting Antibody Drugs
May 16, 2024, 12:25 PM
Johnson & Johnson announced on Thursday that it will acquire privately held Proteologix for $850 million in cash, with potential for an additional milestone payment. The acquisition aims to bolster Johnson & Johnson's leadership in the treatment of atopic dermatitis. Proteologix brings a young roster of bispecific immunology medications, including a phase 1-ready asset targeting TSLP and dual-targeting antibody drugs. The acquisition has seen Johnson & Johnson's stock (JNJ) rise by 0.1% in pre-market trading.
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