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Is this the sort of deal Michelle might chase? Thinking more...

  1. J8
    14,521 Posts.
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    23/08/14
    11:49
    Post #: 13861341
    Is this the sort of deal Michelle might chase? Thinking more along the HIV front for outside interest in BIT225.



    Johnson & Johnson ($JNJ) has deepened its ties to regenerative medicine outfit ViaCyte, handing the biotech $20 million in exchange for a future stake in the company and the right to acquire its in-development diabetes medication. Under the deal, J&J's cash buys it a note convertible into equity and an exclusive chance to acquire VC-01, ViaCyte's stem cell-derived treatment for Type 1 diabetes.
    BIT Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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