share_log

Johnson & Johnson's Drug Acquired Via Momenta Deal Shows Encouraging Data In Fetal Disorder

Benzinga Real-time News ·  Feb 6, 2023 12:40
  • Janssen, a unit of Johnson & Johnson (NYSE:JNJ), announced topline results from the proof-of-concept Phase 2 open-label UNITY trial for pregnant adults at high risk for severe hemolytic disease of the fetus and newborn.
  • In 2020, Johnson & Johnson shelled out $6.5 billion to acquire Momenta Pharmaceuticals Inc, gaining access to its lead product, nipocalimab.
  • HDFN is a rare condition that can cause life-threatening anemia in the fetus.
  • It occurs when the blood types of a pregnant individual and their fetus are incompatible.
  • Most of the 14 pregnant patients who received once-weekly intravenous infusions of nipocalimab achieved a live birth at or after 32 weeks of gestation without requiring an intrauterine transfusion throughout their pregnancy.
  • During the treatment period of approximately 20 weeks, nipocalimab demonstrated a safety profile that supports further development of the treatment in HDFN.
  • Over the roughly 20-week treatment period, nipocalimab's safety profile supported further drug development in this fetal indication, J&J said.
  • Katie Abouzahr, M.D., autoantibody portfolio development leader at Janssen Research & Development, said more data would be released at an upcoming scientific medical meeting while the company plans for a pivotal phase 3 study.
  • Price Action: JNJ shares are down 0.86% at $163.20 on the last check Monday.
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment