Johnson & Johnson makes $465 million equity investment in Sail Biomedicines
Reuters2026/07/29 21:37- Johnson & Johnson agreed to invest USD 465 million in Sail Biomedicines through an equity investment.
- Total initial payments set at USD 785 million, tied to a collaboration on in vivo CAR-T programs for immune-mediated diseases.
- Deal includes up to USD 140 million in contingent payments if development milestones are met.
- Johnson & Johnson also secured an exclusive option to acquire Sail for USD 2.58 billion.
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