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Johnson & Johnson: buys oncolytic virus firm BeneVir

(CercleFinance.com) - Johnson & Johnson's Janssen said on Wednesday that it has bought US-based BeneVir Biopharm for an undisclosed amount, in a bid to expand into oncolytic viruses that infect and destroy cancer cells.


The US-based diversified healthcare group said that oncolytic viral immunotherapy holds "exciting potential" in the treatment of solid-tumour cancers (lung, prostate, colorectal, etc.).

The deal is expected to be closed in the second quarter of 2018.

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