The collaboration has been expanded to leverage Jubilant’s drug discovery capabilities on selected drug discovery targets to advance programs in multiple disease areas. Jubilant will provide research services and will deliver preclinical candidates to Janssen for potential development and commercialization. Jubilant will receive research funding, milestones and royalties, should assets progress into clinical development and commercialization.
“We are pleased to announce the expansion of the Janssen-Jubilant collaboration and look forward to discovering Novel Chemical Entities (NCEs) that address the unmet medical needs in these important disease areas," said Dr. Subir K. Basak, president, Jubilant Biosys (Global Drug Discovery Services). “Over the past several years, we have been strengthening our disease franchises from a scientific perspective, and this collaboration serves as a validation of those efforts. We look forward to a long, and mutually beneficial, partnership.”