Momenta Acquisition Statement | MGFA News
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Momenta Acquisition Statement

MGFA Partner Momenta announces acquisition by Johnson & Johnson

August 19, 2020 – Myasthenia Gravis Foundation of America (MGFA) has maintained a collaborative and active industry research partnership with Momenta Pharmaceuticals, and we have been excited about the positive topline results from their interim analysis of the Vivacity-MG study investigating the Momenta drug nipocalimab in patients with Myasthenia Gravis.

 

Momenta recently announced that it has entered into a definitive agreement of acquisition with Johnson & Johnson. The transaction is expected to close in the second half of 2020.

 

Momenta President & Chief Executive Officer Craig Wheeler said in a statement today that "Programs such as nipocalimab have the potential to improve the lives of countless patients suffering from autoimmune and fetal maternal diseases. I believe J&J is the right company to advance our portfolio of novel drug candidates for autoimmune and rare diseases. J&J’s leadership in immunology, extensive capabilities, and global reach, as well as its alignment with our vision of pioneering therapies for complex diseases is a strong fit for our company and our portfolio.”

 

MGFA is confident that our partnership with Momenta will continue to stay strong in the months leading up to the official acquisition, and that the efforts to continue clinical research and testing of nipocalimab will continue in earnest. We are excited about the future for the MG Community.

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