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JNJ Johnson and Johnson

149.70
-0.22 (-0.15%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Johnson and Johnson NYSE:JNJ NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.22 -0.15% 149.70 149.89 147.82 149.89 6,532,721 00:38:06

J&J's Janssen to End Pimodivir Influenza Development Program

02/09/2020 2:53pm

Dow Jones News


Johnson and Johnson (NYSE:JNJ)
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By Colin Kellaher

 

Johnson & Johnson's Janssen Pharmaceutical Cos. unit on Wednesday said it is ending the development of pimodivir, an investigational antiviral treatment for influenza A infection, after disappointing study results.

Janssen said interim analyses of a Phase 3 study in hospitalized patients with influenza A found that pimodivir in combination with the standard of care was very unlikely to show an added benefit compared to standard-of-care treatment alone.

The company said it is halting the trial in hospitalized patients, along with a parallel study in outpatients with influenza A.

Janssen licensed pimodivir in 2014 from Boston drug maker Vertex Pharmaceuticals Inc. in a deal that included an upfront payment of $30 million, along with contingent development and commercial milestone payments.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

September 02, 2020 09:38 ET (13:38 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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