{"id":22806,"date":"2002-10-30T09:57:38","date_gmt":"2002-10-30T09:57:38","guid":{"rendered":"https:\/\/corporate.webfactory.ferring.tech\/?p=22806"},"modified":"2021-05-10T19:42:36","modified_gmt":"2021-05-10T18:42:36","slug":"ferring-and-johnson-johnson-join-in-a-research-collaboration","status":"publish","type":"post","link":"https:\/\/www.ferring.com\/ferring-and-johnson-johnson-join-in-a-research-collaboration\/","title":{"rendered":"Ferring and Johnson & Johnson Join in a Research Collaboration"},"content":{"rendered":"[spb_boxed_content type=”coloured” box_link_target=”_self” padding_vertical=”0″ padding_horizontal=”0″ width=”1\/1″ el_position=”first last”]\n<h2 style=\"color: #0088ce\">Ferring and Johnson & Johnson Join in a Research Collaboration<\/h2>\n[\/spb_boxed_content] [spb_blank_spacer height=”30px” width=”1\/1″ el_position=”first last”] [spb_boxed_content type=”coloured” box_link_target=”_self” padding_vertical=”0″ padding_horizontal=”0″ width=”1\/1″ el_position=”first last”]\n<h3 style=\"color: #0088ce\">Copenhagen, Denmark \u2013 30 October, 2002 \u2013<\/h3>\n<p class=\"p1\">Ferring announced today that it will collaborate with Ortho-McNeil Pharmaceuticals Inc. (Ortho-McNeil) and Ortho-McNeil’s research affiliate, Johnson & Johnson Pharmaceutical Research & Development, L.L.C. (J&JPRD), both members of the Johnson & Johnson family of companies, as part of a license agreement, to research and develop Ferring’s inhibitors of dipeptidyl peptidase IV (DP IV) for use in the treatment of diabetes and obesity.<\/p>\n<p>The license rights are subject to an up front payment, to development based milestone payments and royalty fees on net sales. Financial details were not disclosed.<\/p>\n<p>Inhibiting DP IV as an approach to diabetes management is expected to expand the way that Type II diabetes patients are treated and provide diabetic sufferers with a new generation of products. Ferring’s scientists will continue to work on the chemistry and J&J researchers will drive the pharmacology and product development efforts<\/p>\n<p>“Ferring’s research efforts in the DP IV area have led to the discovery of new, proprietary DP IV inhibitors with a potential for offering a new approach to the management of diabetes and obesity. Ferring’s compounds are the result of a combined chemistry and pharmacology research program at Ferring’s discovery unit in Chilworth, UK,” noted Dr. Alan Harris, Vice President, R&D Portfolio Planning and Technology Transfer.<\/p>\n<p>When Ferring’s scientists in Chilworth, UK began working on the enzyme DP-IV in 1992, most enzyme inhibitors on the market were unstable and inactive. However, after several years of investigation, Ferring’s researchers developed reversible inhibitors of DP-IV which were highly active and potent. Since the therapeutic area, diabetes is outside of Ferring’s remit, the company welcomed partners who had experience in this area.<\/p>\n<p>“Working with J&J gives us the additional know-how we need to take this compound from the laboratory to the patient. We believe that DP-IV inhibition is the next generation of Type II diabetes treatment – the collaboration will allow the process of drug discovery to move much quicker,” said Michel L. Pettigrew, executive vice-president of commercial operations.<\/p>\n<p>Type ll diabetes affects more than 18 million Americans and more than 150 million people world-wide. The Type II diabetes drug market world-wide has grown by 30 percent since 2000 and has an estimated value of more than $7 Billion.<\/p>\n[\/spb_boxed_content] [spb_blank_spacer height=”30px” width=”1\/1″ el_position=”first last”] [spb_boxed_content type=”coloured” box_link_target=”_self” padding_vertical=”0″ padding_horizontal=”0″ width=”1\/1″ el_position=”first last”]\n<h3 style=\"color: #0088ce\">About Ferring Pharmaceuticals<\/h3>\n<p class=\"p1\"><em>Ferring is a research driven, speciality biopharmaceutical group active in global markets. The company identifies, develops and markets innovative products in the areas of urology, obstetrics and infertility, gastroenterology and endocrinology.<\/em><\/p>\n<p class=\"p1\"><em>In recent years Ferring has expanded beyond its traditional European base and now has operating subsidiaries in over 40 countries.<\/em><\/p>\n<p class=\"p1\"><em>Please visit us at <a href=\"http:\/\/www.Ferring.com\/\">www.Ferring.com<\/a><\/em>.<\/p>\n[\/spb_boxed_content] [spb_blank_spacer height=”30px” width=”1\/1″ el_position=”first last”] [spb_row element_name=”Row” wrap_type=”content-width” parallax_image_height=”content-height” parallax_image_movement=”fixed” parallax_image_speed=”0.5″ bg_video_loop=”yes” parallax_video_height=”window-height” parallax_video_overlay=”none” row_overlay_opacity=”0″ row_col_pos=”default” minimize_row=”no” width=”1\/1″ el_position=”first last”] [spb_button button_text=”READ MORE PRESS RELEASES” button_size=”standard” button_colour=”accent” button_type=”standard” rounded=”no” button_dropshadow=”no” button_link=”\/media\/press-releases\/” button_target=”_self” align=”center” animation=”none” animation_delay=”0″ width=”1\/1″ el_position=”first last”] [\/spb_row]\n","protected":false},"excerpt":{"rendered":"<p>[spb_boxed_content type=”coloured” box_link_target=”_self” padding_vertical=”0″ padding_horizontal=”0″ width=”1\/1″ el_position=”first last”] Ferring and Johnson & Johnson Join in a Research Collaboration [\/spb_boxed_content] [spb_blank_spacer height=”30px” width=”1\/1″ el_position=”first last”] [spb_boxed_content type=”coloured” box_link_target=”_self” padding_vertical=”0″ padding_horizontal=”0″ width=”1\/1″ el_position=”first last”] Copenhagen, Denmark \u2013 30 October, 2002 \u2013 Ferring announced today that it will collaborate with Ortho-McNeil Pharmaceuticals Inc. (Ortho-McNeil) and Ortho-McNeil’s research affiliate, Johnson & Johnson Pharmaceutical Research […]<\/p>\n","protected":false},"author":2410,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[259],"tags":[],"class_list":["post-22806","post","type-post","status-publish","format-standard","hentry","category-press-release-2002"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.3 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ferring and Johnson & Johnson Join in a Research Collaboration - Ferring Global<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ferring.com\/ferring-and-johnson-johnson-join-in-a-research-collaboration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ferring and Johnson & Johnson Join in a Research Collaboration\" \/>\n<meta property=\"og:description\" content=\"[spb_boxed_content type=”coloured” box_link_target=”_self” padding_vertical=”0″ padding_horizontal=”0″ width=”1\/1″ el_position=”first last”] Ferring and Johnson & Johnson Join in a Research Collaboration [\/spb_boxed_content] [spb_blank_spacer height=”30px” width=”1\/1″ el_position=”first last”] [spb_boxed_content type=”coloured” box_link_target=”_self” padding_vertical=”0″ padding_horizontal=”0″ width=”1\/1″ el_position=”first last”] Copenhagen, Denmark \u2013 30 October, 2002 \u2013 Ferring announced today that it will collaborate with Ortho-McNeil Pharmaceuticals Inc. 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