J&J to buy Proteologix and its dual-targeting antibody drugs for $850M

J&J to buy Proteologix and its dual-targeting antibody drugs for $850M

Source: 
BioPharma Dive
snippet: 

Johnson & Johnson agreed to buy biotechnology startup Proteologix for $850 million in cash, gaining a portfolio of bispecific antibodies the privately held company has been developing for immune diseases.