J&J Acquires Atopic Dermatitis Drug NM26 in $1.25 Billion Deal with Numab Therapeutics
Johnson & Johnson has entered into a $1.25 billion agreement to acquire NM26, a bispecific antibody for atopic dermatitis (AD) from Numab Therapeutics. NM26 targets IL-4 receptors and IL-31, offering potential first-in-class therapy benefits for AD patients. The deal underscores J&J's commitment to developing innovative treatments for inflammatory diseases.
Johnson & Johnson (J&J) has announced a significant move in the pharmaceutical landscape with a $1.25 billion deal to acquire NM26, a promising bispecific antibody for the treatment of atopic dermatitis (AD), from Numab Therapeutics. This acquisition, involving Numab's subsidiary Yellow Jersey Therapeutics (YJT), marks a pivotal step in J&J's efforts to address unmet needs in AD treatment.
NM26 stands out as a bispecific antibody that targets IL-4 receptors and IL-31, two key pathways involved in the pathogenesis of AD. By addressing Th2-mediated skin inflammation and tackling symptoms like itch, NM26 offers a novel approach to managing AD, also known as eczema. This mechanism of action not only differentiates NM26 from existing treatments but also positions it as a potential first-in-class therapy.
Developed using Numab's innovative MATCH platform, NM26 exemplifies the potential of multi-specific antibodies in treating complex diseases. The MATCH platform's modular scaffolding foundation and stable building blocks enable the creation of targeted therapies that can address multiple disease-driving pathways simultaneously.
David Lee, head of immunology at J&J's innovative medicines division, emphasized the importance of developing differentiated bispecifics to achieve durable, symptom-free remission for AD patients. This acquisition is part of J&J's broader strategy to expand its portfolio in inflammatory diseases, following a recent $850 million deal to acquire Proteologix, another biotech company with promising AD and asthma treatments.
The transaction is expected to close in the second half of the year, pending regulatory approvals. This deal not only highlights J&J's dedication to advancing treatment options for AD but also underscores the potential of Numab's technology in creating impactful therapies. As NM26 moves into phase 2 testing, the medical community eagerly anticipates its progress and the potential benefits it may bring to patients suffering from atopic dermatitis.

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J&J snaps up atopic dermatitis drug in $1.25bn Numab deal
pharmaphorum.com · Mar 6, 2025
Johnson & Johnson acquires Numab Therapeutics' bispecific antibody NM26 for atopic dermatitis in a $1.25B deal. NM26 tar...