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Janssen, Theravance to collaborate on intestinal-disease therapies

The Janssen Biotech unit of Johnson & Johnson will co-develop and market Theravance Biopharma's pan-Janus kinase inhibitor TD-1473 and related backup compounds, which are indicated to treat inflammatory intestinal diseases, including Crohn's disease and ulcerative colitis. Under the terms of the deal, Theravance will get $100 million upfront and another $200 million if Janssen decides to continue the deal after two planned studies.

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