Juno Picks Up A2a Receptor Via Redox Acquisition

 
• By Lucie Ellis-Taitt
  
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Juno Therapeutics Inc. has followed in the footsteps of some of its big pharma rivals, Novartis and AstraZeneca, by acquiring RedoxTherapies, Inc. for its small molecule adenosine A2a (A2a) receptor antagonist vipadenant.

Juno Therapeutics Inc. first intends to explore RedoxTherapies' preclinical molecule, licensed from Vernalis PLC, in combination with its own engineered T-cell platform, but the company noted it "may over time explore the compound in other areas." The Seattle-based biotech will pay $10m upfront in cash to acquire RedoxTherapies, as well as further payments upon the achievement of undisclosed clinical, regulatory, and commercial milestones.

The deal is a positive step for Juno and could be seen as a confidence boost from the company to...

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