SAN DIEGO, CA: DNX Biopharmaceuticals, a biopharmaceutical company developing long-acting therapeutic proteins for the treatment of patients with life-long diseases and a resident of Johnson & Johnson Innovation – JLABS @ Shanghai, announced today that it has entered into a strategic collaboration with the Lung Cancer Initiative at Johnson & Johnson*. Under terms of the agreement, the Lung Cancer Initiative has taken an exclusive license to research, develop and commercialize novel molecules from within the DNX portfolio. Financial terms of the collaboration were not disclosed.

“We are delighted to be collaborating with the Lung Cancer Initiative at Johnson & Johnson,” said Rajiv Datar, Ph.D., co-founder and CEO of DNX. “We look forward to progressing DNX’s novel molecules into clinical development.”

“Our collaboration with the Lung Cancer Initiative at Johnson & Johnson was fostered by being an awardee of the Lung Cancer Innovation QuickFire Challenge and receiving residency at Johnson & Johnson Innovation – JLABS @ Shanghai,” commented Dr. Carl Edwards III, CSO of DNX. “We are now looking forward to establishing our Asia-Pacific Research and Development capabilities in Shanghai, which will be wholly dedicated to Cancer Immunotherapy.”