Janux nominates development candidate in Bristol Myers Squibb deal, triggers $35 million milestone

Reuters04-01

Janux nominates development candidate in Bristol Myers Squibb deal, triggers $35 million milestone

Janux nominated a development candidate under its exclusive worldwide collaboration with Bristol Myers Squibb, triggering a 35 million milestone payment.
Program targets an undisclosed solid-tumor antigen using Janux TRACTr platform.
Janux will run preclinical work through IND submission under collaboration terms.
Bristol Myers Squibb will hold IND, lead clinical development, manage global commercialization for resulting products.
Agreement also includes eligibility for additional milestone payments plus tiered royalties on global sales.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Janux Therapeutics Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260401733871) on April 01, 2026, and is solely responsible for the information contained therein.

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