Morrison Foerster served as IP counsel to Proteologix, a privately-held biotechnology company focused on bispecific antibodies for immune-mediated diseases, in its acquisition by Johnson & Johnson for $850 million.
Proteologix is a precision immunology company powered by proprietary multi-specific antibody technologies. The company is dedicated to the discovery and development of safe and convenient therapeutics that target multiple disease-driving pathways to potentially deliver high-bar efficacy for patients with immune-mediated diseases. Proteologix is led by industry veterans with proven track records of innovation, execution, and success, and has developed a robust pipeline of differentiated bispecific antibodies with best-in-disease potential.
MoFo’s IP Due Diligence team was led by Palo Alto partner Janet Xiao.
Read the press release.