
Medical Device R&D and Manufacturer

Developer of Oral Small Molecule Drugs

According to Fierce Biotech, Johnson & Johnson will release a candidate product in its second-quarter earnings report.Product ADX71149(JNJ-40411813)Remove from the pipeline under research.
ADX71149 is a selective positive allosteric modulator (PAM) of the metabotropic glutamate 2 (mGlu2) receptor. In the case of agonist-induced activation, positive allosteric modulation of the mGlu2 receptor may lead to normalization of excessive glutamate release during seizures.
ADX71149 by Johnson & JohnsonCo-developed with partner Addex Therapeutics.In December 2004, Johnson & Johnson entered into a collaboration with Addex Therapeutics. Under the research collaboration and license agreement, Addex granted Johnson & Johnson an exclusive global license to develop and commercialize mGlu2 PAM compounds. Addex is eligible to receive up to €109 million in success-based development and regulatory milestone payments. Additionally, based on the net sales of the compounds, Addex is also eligible to receive low double-digit royalties.
At the end of April this year,Addex Therapeutics announced,ADX71149 inAuxiliary drug delivery for the treatment ofLevetiracetamOrBrivaracetamPhase II Study of Poorly Responsive Focal Seizures Did Not Meet EndpointDid not meet the primary endpoint. The combination of ADX71149 with standard treatment did not show statistical significance in the primary endpoint of time required for patients to reach baseline seizure frequency.
Addex Therapeutics is a partner of Johnson & Johnson for nearly 20 years. With the failure of Phase II study, Johnson & Johnson also stopped...Investment in this epilepsy project.According to reports,Johnson & JohnsonNotifiedAddexWill StopDevelop the drug.Johnson & JohnsonAlso stated that this move will not affect its relationship withAddexPartnerships and Cooperation。
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