After midstage flop, Janssen says thanks but no thanks to Provention Bio drug

After midstage flop, Janssen says thanks but no thanks to Provention Bio drug

Source: 
Fierce Biotech
snippet: 

Janssen will not be buying back the rights to a drug it shipped out to Provention Bio back in 2017 after it failed to move the needle in Crohn’s disease.