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Goodwin Guides Royalty Pharma on $500 Million R&D Funding Collaboration for Chronic Immune-Mediated Diseases
The Life Sciences team advised Royalty Pharma plc (Nasdaq: RPRX) on a research and development (R&D) co-funding agreement with Johnson & Johnson for a total of $500 million in 2026 and 2027 to advance the development of JNJ-4804, an investigational medicine for autoimmune diseases.
Goodwin Advises Quotient Therapeutics on Collaboration With Merck for Up to $2.2 Billion in Total
The Life Sciences team advised Quotient Therapeutics on entering a multi-year research collaboration agreement with Merck to discover novel drug targets in inflammatory bowel disease (IBD) using Quotient’s somatic genomics platform technology. Under the terms of the agreement, Quotient will receive an upfront payment of $20 million. Quotient is also eligible to receive development, regulatory, and commercial milestones for a potential total deal value of up to $2.2 billion.
Six Considerations For Directors Navigating Distressed M&A
When a company faces financial distress or insolvency, its board of directors faces heightened scrutiny. Actions taken during this critical period are more likely to be second-guessed in hindsight by creditors, shareholders, and courts. Observing proper fiduciary duties and following appropriate governance processes are particularly important in distressed M&A transactions.
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