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Royalty Pharma, Johnson & Johnson in $500 Million Autoimmune Drug Funding Pact

Provided by Dow Jones Mar 30, 2026, 12:38:00 PM

By Colin Kellaher

Royalty Pharma has inked a $500 million research-and-development co-funding agreement with Johnson & Johnson to support development of a proposed drug for autoimmune diseases.

Royalty Pharma, a New York biopharmaceutical royalties investor, on Monday said it will provide the funding in 2026 and 2027 to advance the development of Johnson & Johnson's JNJ-4804 drug candidate.

JNJ-4804 is currently in Phase 2 studies for the autoimmune diseases ulcerative colitis, psoriatic arthritis and Crohn's disease.

New Brunswick, N.J., pharmaceutical giant J&J last month struck a deal under which asset manager Blackstone will help fund the development of its bleximenib drug candidate for the blood cancer acute myeloid leukemia.

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

(END) Dow Jones Newswires

March 30, 2026 08:38 ET (12:38 GMT)

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